Xtant Medical reports anticipated Q3 2016 revenue of up to $23.3M — 4 highlights

Belgrade, Mont.-based Xtant Medical reported its expected third quarter 2016 revenue, according to EIN News.

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Here are four highlights:

 

1. Xtant anticipates its third quarter revenue to be between $23 million and $23.3 million.

 

2. This expected revenue represents a 10 percent to 11.5 percent increase compared to pro forma third quarter of 2015 revenue.

 

3. Additionally, the anticipated revenue reflects a sequential increase of 7.2 percent to 8.6 percent compared to second quarter 2016 revenue.

 

4. Xtant Medical manufactures regenerative medicine products.

 

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