Aurora Spine Posts Record 2Q19 Revenue on Hardware

by Mike Evers on August 27, 2019

Sales of cervical plates, lumbar cages and lumbar screws led to highest revenue quarter in company’s history
Sales of third-party products are growing significantly faster than sales of proprietary products

Performance by Segment

ORTHOWORLD estimates segment sales and growth on an as-reported basis, as follows...

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.

	2Q19	2Q18	$ Chg	% Chg
Spine	$3.1	$1.9	$1.2	63.7%
Orthobiologics	$0.2	$0.1	$0.1	49.3%
Total	$3.3	$2.0	$1.3	62.8%

	1H19	1H18	$ Chg	% Chg
Spine	$5.7	$3.3	$2.4	71.8%
Orthobiologics	$0.3	$0.2	$0.1	56.6%
Total	$6.0	$3.5	$2.5	70.9%

	Amt	% of Sales
Sales	$3.3
Cost of Sales	-$2.0	60.5%
Operating Expenses	-$1.3	40.9%
Net Earnings	$0.0	-1.4%

	2Q19	2Q18	$ Chg	% Chg
Spine	$3.1	$1.9	$1.2	63.7%
Orthobiologics	$0.2	$0.1	$0.1	49.3%
Total	$3.3	$2.0	$1.3	62.8%

	1H19	1H18	$ Chg	% Chg
Spine	$5.7	$3.3	$2.4	71.8%
Orthobiologics	$0.3	$0.2	$0.1	56.6%
Total	$6.0	$3.5	$2.5	70.9%

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