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DJO Reports 4Q15/2015 Revenue


DJO Global posted 4Q15 revenue of US $308MM, +9.4% vs. 4Q14, and 2015 revenue of $1.1BB, +6.7% vs. 2014. Growth reflects constant currency. As-reported, sales grew 6.1% and 2.4%, respectively.

ORTHOWORLD estimates 2015 segment sales and growth on an as-reported basis as follows:

Joint Reconstruction $164.5MM, +24.0%

  • Hips $37.8MM, +14.1%%
  • Knees $42.8MM, +29.0%
  • Extremities $83.9MM, +26.5%

Other $949.2MM, -0.6% (Bracing, Vascular, Recovery Sciences, International not attributed to Joint Recon)

During 4Q15, DJO completed the "wind-down" of the Empi business and restated historical financials to reflect Empi as discontinued operations. (Joint Active Systems signed a non-binding letter of intent to acquire the Empi Advance® ROM line of dynamic braces in 1Q16.)

Source: DJO Global, Inc.