MDXG
MiMedx Group Inc.NASDAQ
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  • Mon, Jan. 11, 9:55 AM
    • MiMedx Group (MDXG +3.4%) acquires privately held Stability, Inc., doing business as Stability Biologics, for $10M in cash and stock plus assumed debt. The Nashville, TN-based firm provides human tissue products that are used in surgical, spine and orthopedic procedures.
    • The company expects the transaction to be accretive to non-GAAP EPS this year and contribute $15M to revenues. The deal should close in by mid-month.
    • MiMedx updated 2016 guidance: revenues: $260M - 270M; non-GAAP EPS: $0.33 - 0.37.
    • Q1 guidance: revenues: $55.5M - 58.0M.
    | Mon, Jan. 11, 9:55 AM