K2M affirms revenue guidance after Q2 results

|About: K2M Group Holdings, Inc. (KTWO)|By:, SA News Editor

K2M Group Holdings (KTWO +1.9%) Q2 results: Revenues: $40.1M (-15.6%): Gross Profit: $27.7M (-12.1%); Operating Expenses: $38.7M (-12.6%); Operating Loss: ($11.0M) (+14.5%); Net Loss: ($8.9M) (+49.8%); Loss Per Share: ($0.43) (-34.4%); Quick Assets: $7.4M (-79.6%); Cash Burn (1H): ($5.5M) (+71.5%).

2014 Guidance: Revenue: $180M - 183M (unch); non-GAAP EBITDA loss: ($11M - 9M).