NASDAQ$KIDS

OrthoPediatrics Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

OrthoPediatrics reported a revenue increase of 9% year-over-year, driven by growth in trauma and deformity, and scoliosis segments. The company increased its full-year revenue guidance for 2022.

OrthoPediatrics Corp. reported a 9% increase in revenue for Q1 2022, reaching $23.4 million compared to $21.5 million in Q1 2021. The company's U.S. revenue increased by 8%, while international revenue grew by 13%. Trauma and Deformity revenue increased by 13%, Scoliosis revenue increased by 1%, and Sports Medicine/Other revenue decreased by 4%. The company has increased its full year 2022 revenue guidance to $122 million to $125 million.

  • Total revenue reached $23.4 million, a 9% increase year-over-year.
  • U.S. revenue increased by 8%, while international revenue grew by 13%.
  • Trauma and Deformity revenue increased by 13%, Scoliosis revenue increased by 1%.
  • Full year 2022 revenue guidance increased to $122 million to $125 million.

Headline financials

Total Revenue

$23.4M

Previous: $21.5M+9.1%
EPS (adj)

-$0.30

Previous: -$0.25-20.0%
Adjusted EBITDA

-$1.59M

Previous: -$1.37M-16.5%
Gross Margin

79.3%

Previous: 76.1%+4.2%
Capital Expenditures

-$4.2M

Previous: -$2.75M-52.7%
Free Cash Flow

-$13.3M

Previous: -$13.1M-1.3%
Net Income

-$9.1M

Previous: -$10.4M+12.3%
Operating Income

-$6.39M

Previous: -$5.97M-6.9%
Gross Profit

$18.6M

Previous: $16.3M+13.7%
Cash & Equivalents

$18M

Previous: $21.4M-16.2%
Total Assets

$301M

Previous: $313M-3.9%
Stock-Based Comp

$1.53M

Previous: $1.32M+16.0%

Revenue & EPS history

OrthoPediatrics · Revenue · Quarterly

$23.4M

Q1 2022+9.1%vs Q1 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

OrthoPediatrics · $23.4M total across 3 segments · Q1 2022

  • Trauma and Deformity
    $16.5M+13.5%
  • Scoliosis
    $5.98M+0.5%
  • Sports Medicine/Other
    $918K-4.3%

Forward guidance

For full year 2022, the Company now expects its full year revenue to be in the range of $122 million to $125 million.

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 2022

Historical avgQ1 2022

-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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