Here are three things to know:
1. The company achieved its highest quarterly revenue, generating more than $2 million in second quarter, a 39 percent increase year-over-year.
2. Aurora Spine’s gross profit for the second quarter was more than $1.1 million. Gross margin as a percentage of sales rose to 56.2 percent compared to 50.6 percent in the same quarter last year.
3. Total operating expense for the quarter was $1.1 million or 54.6 percent of revenue. The expense margin was 82.3 percent from second quarter of 2017.
More articles on devices:
Wright Medical to buy orthopedic manufacturer for $435M: 5 notes
OrthoSensor raises $2.5M: 3 notes
FDA issues warning letter to Zimmer Biomet on Warsaw North Campus violations: 6 things to know
