NuVasive posted revenues of $290.8 million in the third quarter of 2019. Here are four statements on current and future performance made by CEO Chris Barry during the company's earnings call, as transcribed by Motley Fool:
Spinal Tech
Centinel Spine supported the National Spine Health Foundation at its 2nd annual We've Got Your Back Gala, in Tysons Corner, Va., Nov. 1.
Astura Medical is moving its headquarters from Carlsbad, Calif., to Irving, Texas, effective Nov. 4.
Smith+Nephew reported 6.5 percent revenue growth in the third quarter.
Alphatec posted a quarterly loss of $0.22 per share, but increased revenues to $29.2 million.
Conmed posted third quarter 2019 sales of $233.6 million, a 15.6 percent year-over-year increase.
Conformis reported $17.3 million for third quarter total revenue, down 40 percent for the same period last year.
NuVasive posted $290.8 million in total revenue for the third quarter, an increase of 7.2 percent year-over-year.
Here are seven key notes on spine and orthopedic device companies:
The FDA granted Implanet a 510(k) clearance for the cemented version of its Madison total knee prosthesis.
