In This Article:
OrthoPediatrics (NASDAQ:KIDS) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$54.6m (up 37% from 3Q 2023).
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Net loss: US$7.92m (loss widened by 73% from 3Q 2023).
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US$0.34 loss per share (further deteriorated from US$0.20 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
OrthoPediatrics Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 29%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's shares are up 3.6% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for OrthoPediatrics you should know about.
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