aap Implantate Down in 2Q19 on International Softness

• Sales in Germany offset by expected slowdown for international distributors after a strong first quarter
• The polyaxial LOQTEC VA foot system will launch in the U.S. market beginning in 2020
• Submitted an application to FDA to conduct human trials of its silver coating technology
• Earnings impacted significantly by one-time effects of early termination of former CEO and associated legal fees

Performance by Segment

ORTHOWORLD estimates segment sales and growth on an as-reported basis, as follows ($MM):

Sales by Geographic Region

ORTHOWORLD estimates geographic sales and growth as follows ($MM):

Source: aap

Mike Evers is ORTHOWORLD’s Market Analyst. He can be reached by email.