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Aurora Spine sees Q1 2017 revenues of $1.53M — 5 highlights Featured

Written by  Megan Wood | Tuesday, 30 May 2017 18:37
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Aurora Spine reported its financial results for the first quarter of 2017, ended March 31.

Here are five highlights:

 

1. Aurora Spine saw revenues of nearly $1.53 million, down from $1.55 million in the first quarter of 2016.

 

2. The cost of sales totaled about $732,704 for the first quarter of 2017, with gross profit of nearly $793,673.

 

3. In the first quarter of 2016, Aurora expanded its Screwless Procedure product line for spinal fusion.

 

4. In 2017, the company will focus on building a revenue base in the United States via product usage expansion and development of new distribution sectors.

 

5. Aurora also plans to expand its sales team in the United States and decrease its cost of goods.

 

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