Chandler Lutz

Exactech: Buy Now, or Wait for Earnings?

Hi TraderMark, Nice article! and thanks for your kind words. I am not much of a chartist but I do believe in the bullish thesis for exactech.

As I write this, Exactech just released their Q2 numbers (I might try and preempt others and write an article on this) but the numbers are quite impressive: Revenue up 38 percent (28 percent organic growth) and net income more than doubled. US growth was 24 percent showing that this sector may be immune from a domestic slowdown (I guess you don't put off getting that joint replacement just because gdp growth is down).

margins did come down again, but only by 10 basis points (ahead of expectations).

Also, if I'm reading the numbers correctly they increased the lower end of guidance...I haven't read through the financial statements yet but everything looks up to par so far...

I have written a couple of exactech articles which, if you're interested, you can find here: stockboxfinancial.com/...

The Long Case For Exactech

For all of those who are interested the original from stockboxfinancial.com can be found here: stockboxfinancial.com/...

You also may find some other stock ideas there

The Long Case For Exactech

That is a great link...thanks for sharing...I will definitely look at those in the future

The Long Case For Exactech

That is a great link...thanks for sharing...I will definitely look at those in the future