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WRIGHT MED GP NV (WMGI.MW)

WMGI.MW on Midwest Stock Exchange

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20 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Wright Medical Group says Corin to acquire its large joints business
Monday, 11 Jul 2016 01:45am EDT 

Wright Medical Group Nv : Wright Medical Group N.V. announces binding offer under which corin orthopaedics holdings limited would acquire Wright's large joints business . Corin would acquire all of legacy tornier large joints business for a purchase price of 29.7 million euros in cash . Net after-tax proceeds after payment of estimated transaction and transition costs, to be about $20 million . Maintaining its previously communicated guidance for 2016 adjusted ebitda from continuing operations .After closing, tornier large joints business will continue to be headquartered in montbonnot, France.  Full Article

Wright Medical says reconfirmed 2016 financial guidance
Thursday, 16 Jun 2016 04:12pm EDT 

Wright Medical Group NV :Says reconfirmed its financial guidance for full-year 2016 as provided in its earnings release issued on May 4.  Full Article

Wright Medical says issued $395 mln of senior notes due 2021
Wednesday, 25 May 2016 04:21pm EDT 

Wright Medical Group Nv : On May 20, 2016, co issued $395 million aggregate principal amount of 2.25% cash convertible senior notes due 2021- SEC filing . Notes will pay interest at a rate of 2.25% per year beginning on November 15, 2016 .Notes mature on November 15, 2021.  Full Article

Tornier NV updates FY 2015 guidance
Wednesday, 4 Nov 2015 04:00pm EST 

Tornier NV:Anticipates pro forma net sales for FY 2015 of approximately $636 million to $642 million.Anticipates FY 2015 pro forma adjusted EBITDA from continuing operations, as described in the GAAP to non-GAAP reconciliation provided later in this release, of negative $(13.0) million to negative $(17.0) million.FY 2015 revenue of $414.1 million and EBITDA of $(23.5) million - Thomson Reuters I/B/E/S.  Full Article

Tornier NV lowers FY 2015 revenue guidance; Widens FY 2015 EPS guidance
Tuesday, 5 May 2015 04:01pm EDT 

Tornier NV:Projects FY 2015 constant currency revenue expected to be in the range of $304 to $312 million.Says FY 2015 reported revenue is projected to be in the range of $334.0 to $344.0 million.Projects FY 2015 earnings per share expected to be in the range of a loss of $(0.60) to $(0.40) per share.Projects FY 2015 adjusted EBITDA guidance to be in the range of $35 to $38 million.FY 2015 revenue of $347.79 million and EBITDA of $35.78 million and EPS of ($0.39) - Thomson Reuters I/B/E/S.  Full Article

Tornier announces U.S. FDA clearance of Simpliciti Shoulder System
Tuesday, 10 Mar 2015 04:00pm EDT 

Tornier NV:Has received clearance from the U.S. Food and Drug Administration.Says to market Simpliciti Shoulder System, which is unique, bone sparing total shoulder arthroplasty system designed to treat patients experiencing severe shoulder joint pain, compromised range of motion, loss of strength and functionality.This novel, first to market system in the United States provides surgeons with an efficient, repeatable surgical technique that is intended to preserve both the patient's native bone and avoid further trauma to the surrounding soft tissue.  Full Article

Tornier NV gives FY 2015 guidance in line with analysts' estimates
Tuesday, 24 Feb 2015 04:01pm EST 

Tornier NV:Projects FY 2015 constant currency revenue to be in the range of $359 to $371 million.Based on current rates, foreign currency exchange rates are expected to have a negative impact of about $21 million dollars on full year reported revenue.Says FY 2015 reported revenue is projected to be in the range of $338.3 to $349.6 million.Projects FY 2015 earnings per share to be in the range of ($0.65) to ($0.38) per share.Projects FY 2015 adjusted EBITDA to be in the range of $35 to $39 million.FY 2015 revenue of $364 million and EBITDA of $35 million and EPS of ($0.38) - Thomson Reuters I/B/E/S.  Full Article

Tornier NV reaffirms FY, Q4 2014 revenue outlook; gives Q4, FY 2014 EBITDA outlook in line with analysts' estimates
Thursday, 6 Nov 2014 04:11pm EST 

Tornier NV:Reiterating Q4 2014 guidance, with constant currency revenue to be in the range of $85.0 to $89.0 mln, representing constant currency growth of 1.9-6.7 pct over Q4 2013.Expects Q4 2014 reported revenue to be in the range of $83.0 to $87.0 mln, representing growth of negative 0.4 pct to positive 4.3 pct over Q4 2013, based on recent currency exchange rates.Expects Q4 2014 adjusted EBITDA to be in the range of $7.9 to $9.9 mln, or 9.5-11.4 pct of reported revenue.Reiterating FY 2014 guidance , with constant currency revenue to be in the range of $334.9 to $338.9 mln, representing an increase of 7.7- 9.0 pct over FY 2013.Expects FY 2014 reported revenue to be in the range of $335.6 to $339.5 mln, representing an increase of 7.9 pct to 9.2 pct over FY 2013, based on recent currency exchange rates.Expects FY 2014 adjusted EBITDA to be in the range of $27.5 to $29.5 mln, or 8.2- 8.7 pct of reported revenue.Q4 2014 revenue of $86.9 mln, EBITDA of $8.8 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $336.9 mln, EBITDA of $27.8 mln - Thomson Reuters I/B/E/S.  Full Article

Tornier NV gives Q4 2014 revenue guidance in line with analysts' estimates; raises FY 2014 revenue guidance
Monday, 27 Oct 2014 04:16pm EDT 

Tornier NV:Expects Q4 2014 constant currency revenue to be in the range of $85.0 to $89.0 mln, representing constant currency growth of 1.9 pct to 6.7 pct over the same period last year.Expects Q4 2014 reported revenue is projected to be in the range of $83.0 to $87.0 mln, representing growth of negative 0.4 pct. to positive 4.3 pct. over the same period last year.Raises FY 2014 constant currency revenue to be in the range of $334.9 to $338.9 mln, representing an increase of 7.7 pct. to 9.0 pct. over last year.Expects Q4 2014 reported revenue is projected to be in the range of $335.6 to $339.5 million, representing an increase of 7.9 pct. to 9.2 pct. over last year.Q4 2014 revenue of $87.9 mln - Thomson Reuters I/B/E/S.FY 2104 revenue of $336.3 mln - Thomson Reuters I/B/E/S.  Full Article

Tornier NV gives Q3 2014 guidance in line with analysts' estimates and raises FY 2014 guidance
Thursday, 7 Aug 2014 04:13pm EDT 

Tornier NV:Expects Q3 2014 constant currency revenue to be in the range of $69-$73 mln, representing constant currency growth of 3.4 pct to 9.4 pct over the same period last year.Expects Q3 2014 adjusted EBITDA to be in the range of $2-$4 mln, or 2.9 pct to 5.4 pct of reported revenue.Raises FY 2014 revenue guidance to $328-$336 mln.Raises FY 2014 adjusted EBITDA to $27-$31 mln.Q3 2014 revenue of $69 mln and EBITDA of $4.76 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $323 mln and EBITDA of $27 mln - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Wright Medical Group says Corin to acquire its large joints business

* Wright Medical Group N.V. announces binding offer under which corin orthopaedics holdings limited would acquire Wright's large joints business