Orthofix Expects Continued Pressure in 1Q21

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Orthofix reported 4Q20 orthopedic revenue of USD $117.6 million, -3.2% vs. 4Q19 with full-year 2020 revenue of $406.6 million, -11.6% vs. 2019. Company leadership was pleased with fourth quarter performance in the face of the late-year COVID surge. Orthofix’s U.S. spine business (+11%) buoyed other negatively impacted segments primarily...

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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.

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