Xtant Medical Reports Second Quarter 2024 Revenue Growth of 48% [Yahoo! Finance]
Xtant Medical Holdings, Inc. (XTNT)
US:NASDAQ Investor Relations:
investor.xtantmedical.com
Company Research
Source: Yahoo! Finance
surgical solutions for the treatment of spinal disorders, today reported financial and operating results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenue of $29.9 million, up 48%, compared to the prior year quarter Gross margin of 62.1%, up 50 basis points, compared to the prior year quarter Net loss of $3.9 million compared to $2.2 million in the year ago quarter Positive Adjusted EBITDA; Adjusted EBITDA of $0.5 million compared to $0.1 million in the prior year quarter Recent Business Highlights Recently launched two new amniotic membrane allografts products, SimpliGraft™ and SimpliMax™; while Cortera™ reached record sales and users for the second quarter Signed 15 new distributors in the second quarter Awarded 20 IDN contracts in the second quarter Entered into a $5.0 million private placement on August 7, 2024 Sean Browne, President and CEO of Xtant Medical, stated, "Our second quarter financial results illustrate t
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News
- Xtant Medical Expands Product Portfolio with the Launch of the Cortera(R) Posterior Fixation SystemAccesswire
- Xtant Medical Expands Product Portfolio with Launch of its own Viable Bone Matrix, OsteoVive(R) PlusAccesswire
- Xtant Medical Holdings, Inc. (XTNT) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Xtant Medical Announces $5.0 Million Private Placement [Yahoo! Finance]Yahoo! Finance
- Xtant Medical Announces $5.0 Million Private PlacementAccesswire
XTNT
Sec Filings
- 9/12/24 - Form EFFECT
- 9/11/24 - Form 424B3
- 9/10/24 - Form SC
- XTNT's page on the SEC website