SpineGuard hits FY 2016 revenue of $7.95M — 5 key notes

Spinal Tech

Paris, France-based SpineGuard reported its fiscal year 2016 revenue hit $7.95 million.

Here are five key notes:


1. The company's FY 2016 revenue increased 18 percent from 2015.


2. Fourth quarter 2016 global revenue reached $2.28 million, up 24 percent compared to same period the year prior.


3. SpineGuard sold 8,603 Dynamic Surgical Guidance enabled devices worldwide in FY 2016, up from 7,449 in FY 2015.


4. The company sold 4,948 DSG enabled devices in the United States.


5. The company's revenue from the United States rose 17 percent to $6.34 million in FY 2016.



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