OrthoPediatrics: Q1 Earnings Snapshot

May 4, 2022 GMT

WARSAW, Ind. (AP) _ OrthoPediatrics Corp. (KIDS) on Wednesday reported a loss of $9.1 million in its first quarter.

On a per-share basis, the Warsaw, Indiana-based company said it had a loss of 47 cents. Losses, adjusted for non-recurring costs, were 30 cents per share.

The maker of orthopedic devices posted revenue of $23.4 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $22.7 million.

OrthoPediatrics expects full-year revenue in the range of $122 million to $125 million.


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