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K2M raises revenue guidance after Q3 results

  • K2M Group Holdings (NASDAQ:KTWO +3.8%) Q3 results: Revenues: $47.6M (+19.6%); Gross Profit: $31.5M (+12.5%); Operating Expenses: $44.4M (+18.1%); Operating Loss: ($12.9M) (-34.4%); Net Loss: ($16.1M) (-159.7%); Loss Per Share: ($0.43) (-53.6%); Quick Assets: $23.2M (+209.3%); CF Ops: ($28.5M) (-137.5%).
  • 2014 Guidance: Revenue: $184.5M - 186M from $180M - 183M; non-GAAP EBITDA loss: ($11M - 9M) (unch).

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K2M Group Holdings, Inc.