Fuse Medical nets $5M in 2nd quarter

Spinal Tech

Orthopedic and spine device manufacturer and distributor Fuse Medical has released its second quarter financial results, showing a net revenue of $5 million, up seven percent from the same quarter last year. 

The company's gross profit for the quarter was $3.5 million — up 31 percent from the year before. Fuse's net income also increased by $630,524. 

Fuse's growth plan for 2023 and 2024 is to focus on the design and development of new orthopedic and spinal devices for commercialization and expand its national distribution footprint, according to an Aug. 15 press release. 

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