Fuse Medical reports 22% gross profit increase for Q2

Spinal Tech

Fuse Medical, a company focused on orthopedic and spine devices, reported improvements in second quarter earnings.

 

The company reported a 22 percent increase in gross profit and 25 percent improvement in earnings as a percentage of net revenue compared to the second quarter of 2018.

"Our focus [in the] second quarter was to expand product development in our spine and orthopedic offerings, for which we expect to see continued growth and acceptance through the last half of 2019," said CEO Christopher Reeg.

The company reported $2.8 million in gross profit and $5 million in net revenue.

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