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Xtant Medical Reports Fourth Quarter and Full Year 2024 Financial Results

1. XTNT anticipates 28% revenue growth in 2025, reaching $126-$130 million. 2. Operating expenses reduced by $5 million since Q3 2024, improving financial outlook.

Earnings
-4.37%Current Return
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+0.53%S&P 500
$0.482303/06 04:08 PM EDTEvent Start
$0.461203/07 10:36 PM EDTLatest Updated
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FAQ

Why Bullish?

The consistent revenue growth and managed expenses reflect solid performance; historical cases show that such metrics often lead to positive market reactions.

How important is it?

Updates on revenue growth and expense management are critical for investor confidence, likely impacting stock price favorably.

Why Long Term?

Sustained revenue growth and improved operational efficiency can strengthen XTNT's market position over time, leveraging its pipeline of products.

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Surgalign Holdings (SRGA)Medtronic (MDT)NuVasive (NUVA)
Full Year 2024 Revenue Growth of 28% Expects 2025 Revenue of $126 Million to $130 Million Without Need for Additional Capital BELGRADE, MT / ACCESS Newswire / March 6, 2025 / Xtant Medical Holdings, Inc. (NYSE American:XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, today reported financial and operating results for the fourth quarter and year ended December 31, 2024 and provided full year revenue guidance for 2025. Fourth Quarter 2024 Financial Highlights Revenue of $31.5 million, up 12%, compared to the prior year quarter Gross margin of 50.8% compared to 61.0% for the prior year quarter Net loss of $3.2 million compared to a net loss of $4.3 million in the prior year quarter Adjusted EBITDA of $438,000 compared to Adjusted EBITDA loss of $695,000 in the prior year quarter Full Year 2024 Financial Highlights Revenue of $117.3 million, up 28%, compared to the prior year Gross margin of 58.2% compared to 60.8% for the prior year Net loss of $16.4 million compared to net income of $660,000 in the prior year, which included a $11.7 million bargain purchase gain related to the acquisition of Surgalign Holdings Adjusted EBITDA loss of $2.3 million compared to an Adjusted EBITDA loss of $1.4 million in the prior year Recent Business Highlights Subsequent to year end, in the first quarter of 2025, entered into a two-year manufacture and license agreement with automatic renewals with a distributor granting the right to manufacture and supply Xtant's SimpliGraft® product that provides for an upfront payment of $1.5 million and minimum purchase obligations Reduced operating expenses by more than $5 million on an annualized basis since third quarter of 2024.

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