NASDAQ$KIDS

OrthoPediatrics Corp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

OrthoPediatrics reported a revenue increase of 13% year-over-year in Q3 2021, with international growth being particularly strong.

OrthoPediatrics reported a 13% increase in revenue for Q3 2021, reaching $25.1 million compared to $22.2 million in Q3 2020. The company's international revenue saw a significant increase of 118%, while U.S. revenue declined by 1%. Despite challenges from COVID-19, RSV, and hospital staffing shortages, the company reiterated its full-year revenue guidance of $97-$101 million.

  • Total revenue for Q3 2021 was $25.1 million, a 13% increase year-over-year.
  • U.S. revenue decreased by 1%, while international revenue increased by 118%.
  • Worldwide Trauma & Deformity revenue grew 12%, Scoliosis revenue grew 11%, and Sports Medicine/Other revenue grew 46%.
  • The company helped a record 10,400 children in Q3 2021.

Headline financials

Total Revenue

$25.1M

Previous: $22.2M+12.9%
EPS (adj)

-$0.15

Previous: -$0.24+37.5%
Adjusted EBITDA

$519K

Previous: $1.14M-54.3%
Gross Margin

74.0%

Previous: 79.4%-6.8%
Capital Expenditures

-$6.47M

Previous: -$6.45M-0.3%
Free Cash Flow

-$8.67M

Previous: -$11M+21.1%
Net Income

-$2.2M

Previous: -$4.54M+51.6%
Operating Income

-$3.64M

Previous: -$2.5M-45.9%
Gross Profit

$18.6M

Previous: $17.6M+5.2%
Cash & Equivalents

$6.33M

Previous: $88.4M-92.8%
Total Assets

$304M

Previous: $308M-1.4%
Stock-Based Comp

$1.44M

Previous: $1.26M+14.3%

Revenue & EPS history

OrthoPediatrics · Revenue · Quarterly

$25.1M

Q3 2021+12.9%vs Q3 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

OrthoPediatrics · $25.1M total across 3 segments · Q3 2021

  • Trauma and Deformity
    $16.8M+12.3%
  • Scoliosis
    $7.27M+10.8%
  • Sports Medicine/Other
    $996K+46.3%

Forward guidance

The Company is maintaining its full year revenue guidance range of $97 to $101 million, representing growth of 36% to 42% over 2020 revenue.

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 2021

Historical avgQ3 2021

-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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