Orthofix Medical Past Earnings Performance
Past criteria checks 0/6
Orthofix Medical's earnings have been declining at an average annual rate of -60.7%, while the Medical Equipment industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 7.6% per year.
Key information
-60.7%
Earnings growth rate
-50.6%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 7.6% |
| Return on equity | -25.3% |
| Net Margin | -20.3% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Orthofix Medical (NASDAQ:OFIX) Is In A Good Position To Deliver On Growth Plans
Nov 01
Orthofix stock falls amid SeaSpine merger despite rise in prelim Q3 revenue
Oct 11Orthofix inks licensing deal with CGBio for bone graft product Novosis
Aug 02Estimating The Fair Value Of Orthofix Medical Inc. (NASDAQ:OFIX)
May 12Companies Like Orthofix Medical (NASDAQ:OFIX) Can Afford To Invest In Growth
Apr 21Revenue & Expenses BreakdownBeta
How Orthofix Medical makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 747 | -151 | 503 | 77 |
| 30 Sep 23 | 668 | -136 | 457 | 72 |
| 30 Jun 23 | 598 | -118 | 413 | 66 |
| 31 Mar 23 | 529 | -76 | 359 | 60 |
| 31 Dec 22 | 461 | -20 | 309 | 49 |
| 30 Sep 22 | 464 | -45 | 299 | 49 |
| 30 Jun 22 | 462 | -37 | 297 | 50 |
| 31 Mar 22 | 465 | -37 | 297 | 50 |
| 31 Dec 21 | 464 | -38 | 291 | 50 |
| 30 Sep 21 | 457 | -15 | 288 | 47 |
| 30 Jun 21 | 456 | -8 | 285 | 44 |
| 31 Mar 21 | 407 | -29 | 267 | 40 |
| 31 Dec 20 | 407 | 3 | 272 | 39 |
| 30 Sep 20 | 410 | 24 | 277 | 37 |
| 30 Jun 20 | 413 | -22 | 284 | 35 |
| 31 Mar 20 | 456 | -4 | 304 | 35 |
| 31 Dec 19 | 460 | -28 | 309 | 35 |
| 30 Sep 19 | 460 | -31 | 302 | 35 |
| 30 Jun 19 | 458 | 8 | 298 | 37 |
| 31 Mar 19 | 453 | 9 | 291 | 36 |
| 31 Dec 18 | 453 | 14 | 289 | 33 |
| 30 Sep 18 | 449 | 6 | 284 | 33 |
| 30 Jun 18 | 442 | 11 | 278 | 30 |
| 31 Mar 18 | 440 | 15 | 277 | 29 |
| 31 Dec 17 | 434 | 7 | 276 | 30 |
| 30 Sep 17 | 425 | 1 | 274 | 29 |
| 30 Jun 17 | 419 | 8 | 272 | 29 |
| 31 Mar 17 | 414 | -3 | 266 | 29 |
| 31 Dec 16 | 410 | 3 | 261 | 29 |
| 30 Sep 16 | 406 | 11 | 254 | 29 |
| 30 Jun 16 | 409 | 0 | 256 | 29 |
| 31 Mar 16 | 405 | 10 | 259 | 28 |
| 31 Dec 15 | 396 | -2 | 274 | 26 |
| 30 Sep 15 | 392 | -10 | 274 | 25 |
| 30 Jun 15 | 392 | -9 | 271 | 25 |
| 31 Mar 15 | 392 | -10 | 266 | 25 |
| 31 Dec 14 | 402 | -4 | 261 | 25 |
| 30 Sep 14 | 408 | -8 | 267 | 25 |
| 30 Jun 14 | 399 | -25 | 259 | 25 |
| 31 Mar 14 | 395 | -26 | 256 | 27 |
| 31 Dec 13 | 398 | -18 | 256 | 27 |
| 30 Sep 13 | 402 | 8 | 231 | 26 |
| 30 Jun 13 | 418 | 35 | 233 | 27 |
Quality Earnings: OFIX is currently unprofitable.
Growing Profit Margin: OFIX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OFIX is unprofitable, and losses have increased over the past 5 years at a rate of 60.7% per year.
Accelerating Growth: Unable to compare OFIX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OFIX is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (6.3%).
Return on Equity
High ROE: OFIX has a negative Return on Equity (-25.29%), as it is currently unprofitable.