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RTI Surgical: 1Q Earnings Snapshot

RTI Surgical: 1Q Earnings Snapshot

Associated Press

ALACHUA, Fla. (AP) _ RTI Surgical Inc. (RTIX) on Thursday reported a loss of $9.1 million in its first quarter.

On a per-share basis, the Alachua, Florida-based company said it had a loss of 14 cents. Earnings, adjusted for costs related to mergers and acquisitions and severance costs, came to 1 cent per share.

The orthopedic implant maker posted revenue of $69.7 million in the period.

RTI Surgical expects full-year revenue in the range of $325 million to $335 million.

RTI Surgical shares have increased 45% since the beginning of the year. The stock has risen 19% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RTIX at https://www.zacks.com/ap/RTIX