Shares in Orthofix (NSDQ:OFIX) have stayed steady today after the medical device maker beat expectations from Wall Street with its 4th quarter and full fiscal year 2016 earnings results.
The Lewisville, Texas-based company posted losses of $3.2 million, or 18¢ per share on sales of $108.5 million for the 3 months ended December 31. The company saw the bottom-line shrink nearly 200% from its posted $3.4 million in profits during the same quarter last year, while sales grew 3.7%.
