ORTHOFIX THIRD QUARTER NON-U.S. SALES GROWTH OF 15% DRIVES OVERALL REVENUE GAIN OF 27.2% TO $12.4 MIL.; LASER INDUSTRIES SALES JUMP 35.5% TO $12.6 MIL.
This article was originally published in The Gray Sheet
Executive Summary
Orthofix' sales of products outside the U.S. grew 15% in the third quarter, fueling a 27.2% gain in corporate revenue to $12.4 mil. Among products performing well in non-U.S. markets were the firm's Fracture Fixation System, sales of which "have exceeded expectations," the firm reported.