RTI Surgical: 1Q Earnings Snapshot
Posted June 30, 2020 4:16 am.
Last Updated June 30, 2020 4:20 am.
ALACHUA, Fla. (AP) _ RTI Surgical Inc. (RTIX) on Tuesday reported a loss of $17.9 million in its first quarter.
The Alachua, Florida-based company said it had a loss of 24 cents per share. Losses, adjusted for non-recurring costs and asset impairment costs, came to 3 cents per share.
The orthopedic implant maker posted revenue of $73.7 million in the period.
The company’s shares closed at $2.85. A year ago, they were trading at $4.42.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RTIX at https://www.zacks.com/ap/RTIX
The Associated Press
