Here are four key notes on the fourth quarter revenue:
1. Worldwide revenue reached $76.1 million, up from $70.9 million over the same period last year.
2. Domestic revenue hit $70.6 million, compared to $65.4 million last year.
3. International revenue was $5.5 million, about the same as last year.
4. International revenue grew 11 percent on a constant currency basis.
Here are four key notes on the full year report:
1. Worldwide revenue reached $283.9 million, up from $262.8 million over 2014.
2. Domestic revenue hit $260.4 million, compared to $238.9 million in 2014.
3. International revenue was $21.9 million, down from $23.9 million the year before.
4. International revenue grew 4 percent on a constant currency basis.
“In the fourth quarter, we benefited from stronger than expected orders from certain commercial distributors,” said CEO Brian Hutchinson. “As we mentioned in prior quarters, the commercial business is less predictable on a quarterly basis due to the timing of our distributor orders.”
More articles on orthopedic devices:
8 ROSA robots sold in 2016—5 highlights
Benvenue Medical obtains $60M financing: 5 things to know
Mazor sells 25 robotic spine systems in Q4: 5 key notes
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