NASDAQ$KIDS

OrthoPediatrics Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

OrthoPediatrics demonstrated revenue growth and improved EBITDA, achieving positive adjusted EBITDA.

OrthoPediatrics Corp. reported a 7.0% increase in total revenue for Q3 2020, reaching $22.2 million, driven by a 16.7% growth in U.S. revenue. The company also achieved positive adjusted EBITDA, reflecting strong gross margin and cost control.

  • Total revenue increased by 7.0% to $22.2 million compared to Q3 2019.
  • U.S. revenue grew by 16.7% compared to the same period last year.
  • Adjusted EBITDA was positive during the quarter.
  • Orthex execution continued strongly, with a 167% increase in first-time users year-to-date.

Headline financials

Total Revenue

$22.2M

Previous: $20.7M+7.0%
EPS (adj)

-$0.24

Previous: -$0.18-33.3%
Adjusted EBITDA

$1.14M

Previous: $703K+61.6%
Gross Margin

79.4%

Previous: 76.6%+3.7%
Capital Expenditures

-$6.45M

Previous: -$10.5M+38.8%
Free Cash Flow

-$11M

Previous: -$13.2M+16.8%
Net Income

-$4.54M

Previous: -$2.66M-70.4%
Operating Income

-$2.5M

Previous: -$1.54M-62.3%
Gross Profit

$17.6M

Previous: $15.9M+11.0%
Cash & Equivalents

$88.4M

No prior period
Total Assets

$308M

Previous: $153M+100.8%
Stock-Based Comp

$1.26M

No prior period

Revenue & EPS history

OrthoPediatrics · Revenue · Quarterly

$22.2M

Q3 2020+7%vs Q3 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

OrthoPediatrics · $22.2M total across 3 segments · Q3 2020

  • Trauma and Deformity
    $15M+8.2%
  • Scoliosis
    $6.56M+1.3%
  • Sports Medicine/Other
    $681K+55.5%

Forward guidance

The Company expects overall sales growth during the fourth quarter 2020 to be similar to the third quarter. Fourth quarter sales growth in the U.S. is expected to accelerate slightly, while the international sales decline in the fourth quarter should be similar to the third quarter.

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 Q3 2020

Historical avgQ3 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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro