K2M Group Reports Fourth Quarter and Full Year 2017 Financial Results
Mar. 01, 2018 09:26AM PST
Medical Device InvestingK2M Group (Nasdaq:KTWO) a global leader of complex spine and minimally invasive solutions focused on achieving three-dimensional Total Body Balance™, today reported financial results for its fourth quarter and fiscal year ended December 31, 2017. As quoted in the press release: Total fiscal year 2017 revenue of $258.0 million, up 9% year-over-year on both a …
K2M Group (Nasdaq:KTWO) a global leader of complex spine and minimally invasive solutions focused on achieving three-dimensional Total Body Balance™, today reported financial results for its fourth quarter and fiscal year ended December 31, 2017.
As quoted in the press release:
- Total fiscal year 2017 revenue of $258.0 million, up 9% year-over-year on both a reported basis and on a constant currency basis.
- Domestic fiscal year 2017 revenue of $197.3 million, up 9% year-over-year, comprised of:
- U.S. Complex Spine growth of 8% year-over-year
- U.S. Minimally Invasive Surgery (MIS) growth of 16% year-over-year
- U.S. Degenerative growth of 8% year-over-year
- International fiscal year 2017 revenue of $60.7 million, up 9% year-over-year, or 10% on a constant currency basis.