Shares of Orthofix Medical Inc. (OFIX), a medical technology company, have gained nearly 12% over the past three months and trade around $18.
This global spine and orthopedics company has a comprehensive portfolio of biologics, innovative spinal hardware, bone growth therapies, and specialized orthopedic solutions, among others. Its products are distributed in more than 60 countries worldwide.
For the full year of 2024, the company expects net sales to range between $795 million and $800 million, representing growth of approximately 6.6% to 7.2% compared to the net sales of $746.6 million generated in the full year of 2023.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.