Implanet reports 18% jump in 2016 revenue: 5 things to know

Spinal Tech

Implanet's revenue jumped last year, driven by the U.S. market growth.

Here are five things to know:


1. The company's 2016 revenue grew 18 percent over 2015, owing in large part to the 46 percent growth in spine revenue.


2. Implanet's gross margin jumped 54 percent last year.


3. The company reported 2016 sales grew 70 percent in the United States and 33 percent in France.


4. Operating loss improved 10 percent in 2016 and net loss improved 9 percent.


5. The company plans to grow its JAZZ technology platform. There are currently 127 surgeons across France and the United States using the technology, which has regulatory approval in both countries.


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