Xtant Medical Holdings Inc (XTNT) Q3 2024 Earnings Call Highlights: Strong Growth Amid Challenges [Yahoo! Finance]
Xtant Medical Holdings, Inc. (XTNT)
US:NASDAQ Investor Relations:
investor.xtantmedical.com
Company Research
Source: Yahoo! Finance
Xtant Medical Holdings Inc ( XTNT ) reported a solid 12% growth for the third quarter and 36% growth year-to-date. The company reaffirmed its full-year revenue guidance of $116 to $120 million, representing a 27% to 31% increase compared to 2023. Xtant Medical Holdings Inc ( XTNT ) successfully launched two new products, Osteovive Plus and Cortera, which are expected to drive future growth. The company signed a licensing agreement in October, providing a minimum of $3.75 million in royalty revenues for 2025. Xtant Medical Holdings Inc ( XTNT ) is focused on bringing manufacturing in-house, which is expected to significantly improve gross margins from mid-40s to low-90s percent. Sales were softer than expected due to delays in the launch of new products and supplier issues. Gross margin decreased to 58.4% in Q3 2024 from 61.3% in the same period in 2023, primarily due to reduced throughput. Operating expenses increased to $20.1 million in Q3 2024 from $18.7 million in th
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XTNT
News
- Xtant Medical Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Xtant Medical Reports Third Quarter 2024 Financial Results Accesswire
- Xtant Medical to Attend the 15th Annual Craig-Hallum Alpha Select ConferenceAccesswire
- Earnings To Watch: Xtant Medical Holdings Inc (XTNT) Reports Q3 2024 Result [Yahoo! Finance]Yahoo! Finance
- Xtant Medical to Issue Third Quarter 2024 Financial Results on November 12, 2024Accesswire
XTNT
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- XTNT's page on the SEC website