OrthoPediatrics Clears Accounting Bump, Expects Big 2021


OrthoPediatrics reported 4Q20 orthopedic revenue of USD $18.9 million, -0.1% vs. 4Q19 with full-year 2020 revenue of $71.1 million, -2% vs. 2019. Sales in the quarter were impacted by the company’s repurchase of inventory from a European stocking distributor that converted to a sales agency. The accounting move decreased revenue for the...

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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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