Aurora Spine reports record Q1 — 5 observations

Spinal Tech

Aurora Spine reported its first quarter financial results.

Here are five observations.

1. The company saw a record quarter, with revenues totaling about $1.5 million.

2. Cost of sales was $626,453.

3. EBITDAC was more than $73,000, reflecting the company's first positive cashflow quarter.

4. Aurora Spine saw a gross profit of more than $876,000, up more than $83,000 in the first quarter of 2017.

5. The total operating expense was about $1.04 million, a 37 percent dip from the same period the year prior.

 

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