Edition:
United States

RTI Surgical Inc (RTIX.OQ)

RTIX.OQ on NASDAQ Stock Exchange Global Select Market

4.65USD
18 Aug 2017
Change (% chg)

$-0.05 (-1.06%)
Prev Close
$4.70
Open
$4.60
Day's High
$4.78
Day's Low
$4.50
Volume
58,995
Avg. Vol
59,231
52-wk High
$6.00
52-wk Low
$2.50

Latest Key Developments (Source: Significant Developments)

RTI Surgical Inc enters into a third amended and restated loan agreement​
Wednesday, 9 Aug 2017 06:29am EDT 

Aug 9 (Reuters) - RTI Surgical Inc :RTI Surgical Inc says ‍on August 3, 2017 company entered into a third amended and restated loan agreement​ - SEC filing.2017 loan agreement provides for a revolving credit facility in aggregate principal amount of $42.5 million​.Total of $35.0 million currently is outstanding on revolving credit facility​.2017 loan agreement also contains a term loan facility in aggregate principal amount of $25.4 million​.  Full Article

RTI Surgical posts Q2 loss of $0.04 per share
Tuesday, 8 Aug 2017 08:00am EDT 

Aug 8 (Reuters) - RTI Surgical Inc :RTI Surgical announces 2017 second quarter results.Sees FY 2017 adjusted earnings per share $0.04 to $0.08 excluding items.Sees FY 2017 earnings per share $0.00 to $0.04.Q2 adjusted earnings per share $0.02.Q2 loss per share $0.04.Sees FY 2017 revenue $274 million to $280 million.Q2 revenue $72.1 million versus I/B/E/S view $69.9 million.Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.  Full Article

RTI Surgical divests cardiothoracic closure business to A&E Medical Corp
Thursday, 3 Aug 2017 04:49pm EDT 

Aug 3 (Reuters) - RTI Surgical Inc :RTI Surgical divests cardiothoracic closure business to A&E Medical Corporation for up to $60 million.RTI Surgical Inc - sale proceeds will pay down a portion of company's debt and support strategic investments as RTI extends its credit facilities.RTI Surgical Inc - deal for $54 million in cash plus an additional $6 million in contingent cash consideration..  Full Article

RTI Surgical Q1 revenue $69.9 million
Thursday, 27 Apr 2017 08:00am EDT 

April 27 (Reuters) - Rti Surgical Inc :Rti surgical® announces 2017 first quarter results.Q1 revenue $69.9 million.Sees fy 2017 adjusted earnings per share $0.05 to $0.10 excluding items.Sees fy 2017 earnings per share $0.01 to $0.06.Q1 loss per share $0.05.Fy2017 earnings per share view $0.08, revenue view $280.2 million -- Thomson Reuters I/B/E/S.  Full Article

RTI Surgical expands line of tissue matrices in international markets
Tuesday, 18 Apr 2017 09:00am EDT 

April 18 (Reuters) - RTI Surgical Inc :Announces expansion of its extensive line of tissue matrices in international markets.  Full Article

RTI Surgical Q4 revenue $71.3 million
Thursday, 23 Feb 2017 08:00am EST 

RTI Surgical Inc : RTI Surgical announces 2016 fourth quarter, full year results; initiates actions to improve execution and return to profitable growth . Q4 revenue $71.3 million versus I/B/E/S view $67.2 million . Sees FY 2017 adjusted earnings per share $0.05 to $0.10 excluding items . Sees FY 2017 earnings per share $0.01 to $0.06 . Q4 adjusted earnings per share $0.01 excluding items . Q4 loss per share $0.21 . Sees FY 2017 revenue $274 million to $285 million .Q4 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.  Full Article

Michael Krensavage reports 7.2 pct stake in RTI Surgical
Friday, 17 Feb 2017 06:30am EST 

RTI Surgical Inc - : Michael Krensavage reports 7.2 percent stake in RTI Surgical Inc as of December 31 - SEC filing .Michael Krensavage - purchased RTI Surgical Inc's shares based on belief that shares, when purchased, were undervalued.  Full Article

RTI Surgical enters into fifth amendment to loan agreement dated as of July 16, 2013 - SEC filing
Tuesday, 8 Nov 2016 01:55pm EST 

RTI Surgical Inc : RTI Surgical Inc- Entered into a fifth amendment to second amended and restated loan agreement, dated as of July 16, 2013 - SEC filing .RTI Surgical- Amendment to second amended, restated loan agreement provides for decrease in maximum revolving credit amount from $45 million to $42.5 million.  Full Article

RTI Surgical announces CEO Brian Hutchison to retire
Monday, 15 Aug 2016 09:00am EDT 

Rti Surgical Inc : RTI surgical announces CEO Brian Hutchison to retire .RTI's board is commencing a search for chief executive officer position.  Full Article

RTI Surgical reports Q2 loss per share $0.05
Wednesday, 27 Jul 2016 07:30am EDT 

Rti Surgical Inc : RTI Surgical announces 2016 second quarter results . RTI surgical Inc says management and board of directors are launching a comprehensive strategic review of company's business lines . FY2016 earnings per share view $0.19, revenue view $284.1 million -- Thomson Reuters I/B/E/S . Q2 revenue $67.6 million versus i/b/e/s view $66.5 million . Sees FY 2016 adjusted earnings per share $0.09 to $0.12 excluding items . Sees FY 2016 earnings per share $0.03 to $0.06 . Sees FY 2016 revenue $274 million to $280 million . Sees q2 2016 earnings per share $0.09 to $0.12 excluding items . Q2 earnings per share view $0.03 -- Thomson Reuters I/B/E/S . RTI surgical inc says achieved q2 worldwide direct revenues of $39.6 million, a 16 percent increase over q2 of 2015 .RTI Surgical Inc says intends to engage a management consulting firm to assist with strategic review.  Full Article

BRIEF-RTI Surgical Inc enters into a third amended and restated loan agreement​

* RTI Surgical Inc says ‍on August 3, 2017 company entered into a third amended and restated loan agreement​ - SEC filing