SpineGuard's sales up 41%, net loss reduced: 5 facts

Spinal Tech

SpineGuard, a Paris and San Francisco-based manufacturer of disposable medical devices for spine, released six-month financial results for 2015.

Here are five facts:

 

1. Sales are up 41 percent.

 

2. Revenue in the United States increased 52 percent.

 

3. In the first half of 2015, 3,716 PediGuard units were sold, compared to 3,008 units in the first half of 2014.

 

4. Gross margin of 86.1 percent is up from last year's 85.6 percent.

 

5. The company's net loss was reduced.

 

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