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Paragon 28, Inc (FNA) Q3 2024 Earnings Call Transcript Summary

Paragon 28, Inc (FNA) Q3 2024 Earnings Call Transcript Summary

Paragon 28, Inc(FNA)2024年第三季度業績會議電話交易摘要
富途資訊 ·  11/14 04:12  · 電話會議

The following is a summary of the Paragon 28, Inc (FNA) Q3 2024 Earnings Call Transcript:

以下是 Paragon 28, Inc(FNA)2024年第三季度業績會交易會議錄音摘要:

Financial Performance:

財務表現:

  • Paragon 28 reported Q3 2024 global revenue of $62.3 million, an 18.1% reported growth and 17.6% constant currency growth.

  • U.S. business revenue was $51.2 million, representing 14.8% reported growth.

  • Adjusted EBITDA for Q3 2024 was a profit of $432,000, showing substantial improvement.

  • Gross margin for the quarter was 74.1%, reflecting a slight sequential decrease.

  • Total operating expense was $54.6 million, showing a sequential improvement in cost management.

  • Free cash flow saw a significant improvement, marking a 69.5% better performance compared to the same quarter last year.

  • Paragon 28報告2024年第三季度全球營業收入爲6230萬美元,按報告計算增長了18.1%,按不變貨幣計算增長了17.6%。

  • 美國業務營收爲5120萬美元,報告增長了14.8%。

  • 2024年第三季度調整後的EBITDA爲43.2萬美元,顯示了顯著改善。

  • 該季度的毛利率爲74.1%,反映了輕微的順序下降。

  • 總營業費用爲5460萬美元,顯示了成本管理方面的連續改善。

  • 自由現金流得到了顯著改善,較去年同季度表現提升了69.5%。

Business Progress:

業務進展:

  • Paragon 28 launched 13 new products in 2024, including highly strategic end markets and the first SMART 28 module.

  • The company expanded its U.S. sales rep team by 10.5% and saw a productivity increase of 4% across its rep base.

  • Paragon 28在2024年推出了13種新產品,包括高度戰略的終端市場和首個SMARt 28模塊。

  • 公司將美國銷售代表團隊擴大了10.5%,在代表基礎上實現了4%的生產率增長。

Opportunities:

機會:

  • Continued focus on innovation will drive future growth, with 13 new products launched in critical areas like ankle fractures and ankle replacement.

  • The expansion into international core markets and the increase in active surgeon customers by 9% present significant growth opportunities.

  • 繼續專注創新將推動未來增長,在關鍵領域如踝關節骨折和踝關節置換推出了13種新產品。

  • 進軍國際核心市場並將活躍外科醫生客戶增加9%爲未來增長提供重要機會。

Risks:

風險:

  • Volatility in sales trends as previously experienced choppiness in market conditions could impact future performance.

  • Ongoing restructuring and cost optimization efforts entail execution risks which could affect operational stability.

  • 銷售趨勢的波動會對未來業績造成影響,之前市場條件的波動可能會影響未來表現。

  • 持續進行的重組和成本優化工作涉及執行風險,可能影響運營穩定性。

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

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譯文內容由第三人軟體翻譯。


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