K2M Announces Preliminary 3Q17 Revenue, Lowers 2017 Guidance

K2M announced 3Q17 preliminary revenue of US $62.7MM, +5.8% from 3Q16 revenue of $59.3MM. U.S. revenue is expected to be ~$48.5MM, +5.0%, and ex-U.S. revenue ~$14.2MM, +6% vs. the prior year.

The mid-single-digit performance follows K2M's revenue growth of +9.9% in 1Q17 and +10.9% in 2Q17. Performance in 3Q17 was affected by slow acceleration...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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