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Wright Medical Group N.V. reports fourth-quarter, full-year 2016 financial results

February 26, 2017

Wright Medical Group N.V. announced its fourth-quarter and full-year financial results for 2016.

For the fourth quarter of 2016, Wright Medical reported an increase of 16% in net sales from continuing operations which, according to a company press release, totaled $193 million. Non- generally accepted accounting principles (GAAP) pro forma net sales reportedly increased by 12% in the fourth quarter in constant currency, excluding the impact of conforming to Wright’s methodology for recognizing revenue in the fourth quarter of 2015. Net loss from continuing operations in the fourth quarter totaled $30 million, non-GAAP adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the fourth quarter of 2016 were $22.7 million.

Corin Group announces launch of reverse shoulder system in US market

February 25, 2017
Corin Group announced the U.S. launch of the Humelock Reversed Shoulder System. According to a company press release, the Humelock Reversed Shoulder System was developed…
Meeting NewsVideo

VIDEO: Speaker discusses risk factors associated with VTE

February 24, 2017
LAHAINA, Hawaii —  At Orthopedics Today Hawaii 2017, Robert D. D’Ambrosia, MD, discussed risk factors associated with venous thromboembolic (VTE)…
In the Journals

No difference seen in time to union with dynamic vs static screw configurations

February 24, 2017
Patients who had tibial fractures treated with exchange nailing using either a dynamic screw configuration or a static screw configuration had no significant difference…
Meeting NewsVideo

VIDEO: Presenter discusses cons of patellar resurfacing

February 24, 2017
LAHAINA, Hawaii —  Robert L. Barrack, MD, discussed the cons of patellar resurfacing.
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Review Article

Functional Outcomes Following Surgical Management of Femoral Neck Stress Fractures

Orthopedics
Online Advanced Release, January 31, 2017
The Military Health System Management Analysis and Reporting Tool was queried to identify all active duty US military…
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CME

Unipolar Versus Bipolar Hemiarthroplasty for Displaced Femoral Neck Fractures in Elderly Patients: November 2015

Hip replacement using hemiarthroplasty (HA) is a common surgical procedure in elderly patients with femoral neck…
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VIDEO: Presenter discusses use of constraints in revision total knee arthroplasty

February 22, 2017
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