Orthopedic device maker’s 3Q revenue exceeds forecast

WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — OrthoPediatrics Corp. (KIDS) on Wednesday reported a loss of $7.9 million in its third quarter.

The Warsaw, Indiana-based company said it had a loss of 34 cents per share. Losses, adjusted for non-recurring costs, came to 18 cents per share.

The maker of orthopedic devices posted revenue of $54.6 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $53.9 million.

OrthoPediatrics expects full-year revenue in the range of $202 million to $204 million.

This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on KIDS at https://www.zacks.com/ap/KIDS