OrthoPediatrics Q3 revenue rises, beats estimates

By Reuters News


Overview

  • US pediatric orthopedics device maker's Q3 revenue rose 19% yr/yr, beating analyst expectations

  • Q3 adjusted EBITDA grew yr/yr

  • Company raised full-year 2026 revenue guidance


Outlook

  • OrthoPediatrics raises 2026 revenue guidance to $270 mln-$273 mln from $265 mln-$269 mln

  • Company expects 2026 adjusted EBITDA of about $25 mln and breakeven free cash flow

  • Company expects new product launches to drive financial performance in coming years


Result Drivers

  • TRAUMA & DEFORMITY GROWTH - Co said Q3 revenue growth was mainly driven by global Trauma and Deformity and OPSB product sales

  • HIGHER PROCEDURE VOLUMES - Co attributed Q3 growth to increased procedure volumes

  • PRODUCT EXPANSION - Co cited new and expanded product lines, including Cannulated Screws, PNP Femur, PediPlates, 3P Hip, and OPSB, as drivers of Trauma & Deformity revenue


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$72.70 mln

$68.50 mln (8 Analysts)

Q3 Loss Per Share

$0.25

Q3 Net Loss

$5.93 mln

Q3 Adjusted EBITDA

Miss

$6.90 mln

$8.38 mln (8 Analysts)

Q3 Gross Margin

74.00%


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

  • Wall Street's median 12-month price target for OrthoPediatrics Corp is $25.00, about 4.1% above its October 26 closing price of $24.02


Reuters Recommended Reads

  • Oct 27 - Repligen Q3 revenue beats estimates on higher demand; lifts outlook

  • Oct 27 - Pharming Group Q3 revenue rises on US demand; tightens guidance

  • Oct 27 - Kiniksa Pharmaceuticals Q3 ARCALYST revenue jumps 58%; raises guidance


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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