Exactech (EXAC) Q3 Revenue Up 7% To $59.9 Million. Net Income Up 10% To $3.2 Million. Diluted EPS $0.22 Vs. $0.20.
11/1/2016 11:37:46 AM
GAINESVILLE, Fla.--(BUSINESS WIRE)--Exactech, Inc. (Nasdaq:EXAC), a developer and producer of bone and joint restoration products for hip, knee, extremity, spine and biologic materials, today announced revenue of $59.9 million for the third quarter of 2016, a 7% increase from $56.2 million in the third quarter of 2015. On a constant currency basis, revenue was up 6%. Net income increased 10% to $3.2 million, or $0.22 per diluted share, compared to $2.9 million, or $0.20 per diluted share, in the same quarter a year ago.
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