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MiMedx announces preliminary Q3 revenues

Published 10/10/2017, 07:15 AM
© Reuters.  MiMedx announces preliminary Q3 revenues
MDXG
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  • MiMedx Group (NASDAQ:MDXG) announces its preliminary Q3 revenue results. The highlights are as follows:
  • Q3 Revenue of $84.6M, a 31% increase over Q3 2016, exceeding guidance range of $79 to $80M.
  • 9M Revenue of $233.6M, a 33% increase over 9M 2016.
  • Distributor and Original Equipment Manufacturer revenue was below 5%.
  • Days Sales Outstanding at the end of Q3 is expected to improve into the mid-60s.
  • The Company plans to release its full results for Q3, before the opening of the market on October 27.
  • Now read: OPKO Health (OPK) Presents At Ladenburg Thalmann 2017 Healthcare Conference - Slideshow


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