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Xtant Medical Holdings, Inc. (XTNT) Q3 2024 Earnings Conference Call Transcript Summary

Xtant Medical Holdings, Inc. (XTNT) Q3 2024 Earnings Conference Call Transcript Summary

xtant medical控股有限公司 (XTNT) 2024年第三季度業績會通話記錄摘要
富途資訊 ·  2024/11/13 08:18  · 電話會議

The following is a summary of the Xtant Medical Holdings, Inc. (XTNT) Q3 2024 Earnings Conference Call Transcript:

以下是xtant medical控股公司(XTNT)2024年第三季度業績會議呼叫記錄摘要:

Financial Performance:

財務表現:

  • Xtant Medical Holdings reported a Q3 2024 revenue of $27.9 million, indicating a 12% year-over-year increase.

  • The company reaffirmed its full-year revenue guidance for 2024 between $116 to $120 million, reflecting an approximate total annual growth of 27% to 31% compared to 2023.

  • Third quarter Adjusted EBITDA was reported as a loss of $193,000, compared to a positive $458,000 in the same period of 2023.

  • Gross margin for Q3 2024 slightly decreased due to scale-related issues and stood at 58.4%.

  • Net loss for Q3 2024 was $5 million, compared to a net income of $9.2 million in Q3 2023, primarily due to lack of gains that were present in the previous fiscal year.

  • xtant medical控股公司報告了2024年第三季度營業收入爲2790萬美元,同比增長12%。

  • 公司重申了2024年全年營業收入指導在116到12000萬美元之間,相較於2023年,預計年總增長率爲27%至31%。

  • 第三季度調整後的EBITDA報告顯示虧損193,000美元,而2023年同期爲正458,000美元。

  • 2024年第三季度毛利率由於規模相關問題略有下降,爲58.4%。

  • 2024年第三季度淨虧損爲500萬美元,而2023年第三季度淨利潤爲920萬美元,主要是因爲缺少上一財年的收益。

Business Progress:

業務進展:

  • Successfully launched two new products: OsteoVive Plus and Cortera, after overcoming initial challenges.

  • Signed a licensing agreement with a major player in the wound care market, expected to generate minimum royalty revenues of $3.75 million in 2025.

  • Implemented operational enhancements and product manufacturing in-house, which aims to increase profitability and reduce dependency on external manufacturers.

  • Expansion and integration of the product range following the Surgalign acquisition, notably in hardware segments such as spinal implants.

  • 成功克服最初的挑戰後,成功推出了兩款新產品:OsteoVive Plus和Cortera。

  • 與傷口護理市場的主要參與者簽訂了許可協議,預計將在2025年產生至少375萬美元的版稅收入。

  • 實施了內部運營改進和產品與製造,旨在提高盈利能力並減少對外部製造商的依賴。

  • 在Surgalign收購後,擴大和整合產品範圍,尤其是在硬件領域,如脊椎植入物。

Opportunities:

機會:

  • The shift to internal manufacturing of biologics to gain better control over supply chain and increase production margins.

  • Expansion into the Orthobiologics sector with a complete product line and new growth opportunities in OEM sales which do not carry sales and marketing expenses.

  • 轉向內部生產生物製品,以更好地控制供應鏈並提高生產利潤。

  • 進軍骨科生物製品領域,擁有完整的產品線,並在OEm銷售方面開拓新的增長機會,不承擔銷售和營銷費用。

Risks:

風險:

  • Experienced softer sales than expected due to delays in product launches and a reduction in surgical procedures which impacted revenue streams.

  • Potential disruptions in the healthcare sector affecting procedural volumes, as seen in the seasonal reductions during summer months.

  • 由於產品推出延遲和手術程序減少導致銷售額低於預期。

  • 潛在的醫療保健板塊中可能會影響手術量,如夏季月份的季節性減少。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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