Spine Injury Solutions posts $561K Q3 revenue: 5 highlights

Spinal Tech

Spine Injury Solutions released its third quarter and nine month financial results.

Here are five highlights:

1. For the quarter, Spine Injury Solutions generated $561,706 in revenue, compared to $565,202 in the third quarter of 2017.

2. The company's gross profit decreased from $399,852 in the third quarter of 2017 to $351,605.

3. For the nine-month period ending Sept. 30, Spinal Injury Solutions posted $1.8 million in revenue, a 21 percent increase year-over-year.

4. During the nine-month period, the company's gross profit increased 16 percent to $1.19 million, compared to $1.03 million in 2017.

5. Spinal Injury Solutions recorded a nine-month net income of $58,809 compared to the $197,329 net loss during the first nine months of 2017.

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