NASDAQ$KIDS

OrthoPediatrics Corp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

OrthoPediatrics reported an 11.6% increase in total revenue and a 30.4% increase in domestic revenue for Q1 2020.

OrthoPediatrics Corp. announced its financial results for the first quarter ended March 31, 2020, reporting a total revenue of $16.4 million, up 11.6% from $14.7 million in the first quarter of 2019. The company saw strong domestic revenue growth of 30.4% and continued to advance its strategic initiatives, including the acquisition of ApiFix and the launch of new products.

  • Total revenue for first quarter 2020 was $16.4 million, up 11.6% from first quarter 2019.
  • Domestic revenue growth was 30.4% for the first quarter 2020.
  • Acquired ApiFix and MID-C system on April 1st, expanding portfolio of novel technologies to treat scoliosis.
  • Expanded the domestic sales organization to 167 consultants, up 21.0% from first quarter 2019.

Headline financials

Total Revenue

$16.4M

Previous: $14.7M+11.6%
EPS (adj)

-$0.30

Previous: -$0.21-42.9%
Adjusted EBITDA

-$2.08M

Previous: -$1.42M-47.0%
Gross Margin

74.7%

Previous: 72.7%+2.8%
Capital Expenditures

-$3.95M

Previous: -$4.96M+20.4%
Free Cash Flow

-$8.9M

Previous: -$7.98M-11.5%
Net Income

-$4.95M

Previous: -$3.02M-63.7%
Operating Income

-$4.5M

Previous: -$2.72M-65.5%
Gross Profit

$12.2M

Previous: $10.7M+14.6%
Cash & Equivalents

$53.6M

No prior period
Total Assets

$174M

Previous: $112M+55.5%
Stock-Based Comp

$958K

No prior period

Revenue & EPS history

OrthoPediatrics · Revenue · Quarterly

$16.4M

Q1 2020+11.6%vs Q1 2019
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

OrthoPediatrics · $16.4M total across 3 segments · Q1 2020

  • Trauma and Deformity
    $12.2M+21.9%
  • Scoliosis
    $3.71M-12.8%
  • Sports Medicine/Other
    $435K+14.2%

Forward guidance

Due to the rapidly evolving environment and continued uncertainties surrounding the duration and impact of COVID-19, OrthoPediatrics maintains suspension of its revenue growth and set consignment guidance for the full year 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.6%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-0.4%

Avg return

30 days after

50%

17 / 34 earnings

Positive

+13.1%

Q2 2022

Best reaction

-13.0%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.8%+13.7%+14.0%
Q4 2025+8.3%+3.9%-12.8%
Q3 2025-2.6%-3.0%+9.3%
Q1 2025+4.0%+4.6%-4.5%
Q4 2024+11.9%+7.0%-0.8%
Q3 2024-7.8%-16.2%-22.3%
Q2 2024-7.8%-9.0%+3.8%
Q1 2024+5.7%-5.3%-1.9%
Q4 2023+5.4%+1.9%+0.8%
Q3 2023+4.2%-5.1%+8.9%
Q2 2023-4.6%-4.9%-7.2%
Q1 2023-7.5%-8.0%-14.4%
Q4 2022+0.5%+1.7%-0.8%
Q3 2022-13.0%-12.4%+0.8%
Q2 2022+13.1%+19.2%-0.8%
Q1 2022-10.2%-17.7%-8.1%
Q4 2021-5.8%-6.3%-2.0%
Q3 2021+2.0%+0.4%-19.4%
Q2 2021+6.9%+4.5%+9.2%
Q1 2021+10.1%+4.4%+4.4%
Q4 2020-7.1%-8.6%+2.3%
Q3 2020-6.5%+6.5%-2.1%
Q2 2020+4.7%+9.7%-0.6%
Q1 2020+2.8%+4.8%+10.0%
Q4 2019+1.1%-4.5%-19.5%
Q3 2019+5.7%+8.9%+10.6%
Q2 2019-0.2%-1.0%+10.9%
Q1 2019-9.5%-10.3%-8.3%
Q4 2018-4.3%-2.0%-6.2%
Q3 2018-12.5%-16.0%-11.4%
Q2 2018+2.7%+2.7%+23.7%
Q1 2018-1.1%+1.9%+32.0%
Q4 2017-1.9%+3.4%-2.9%
Q3 2017-11.3%-2.0%-8.5%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q1 2015

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