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RTI Surgical Inc (RTIX.OQ)

RTIX.OQ on NASDAQ Stock Exchange Global Select Market

4.20USD
14 Dec 2017
Change (% chg)

$-0.10 (-2.33%)
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Latest Key Developments (Source: Significant Developments)

RTI Surgical receives warning letter from FDA
Tuesday, 14 Nov 2017 08:26am EST 

Nov 14 (Reuters) - RTI Surgical Inc :On Nov 9, co received a warning letter from FDA resulting from an inspection of co's facility in Alachua, Florida in April.Warning letter relates to processes used in manufacture of map3 cellular allogeneic bone graft product ​.Warning letter also relates to FDA's views with respect to map3 allograft's regulatory classification​.Warning letter does not restrict production, marketing, or distribution of map3 allograft​.Intends to conduct clinical studies that further confirm safety and efficacy of map3(reg) allograft​.  Full Article

RTI Surgical Q3 earnings per share $0.23
Thursday, 2 Nov 2017 07:30am EDT 

Nov 2 (Reuters) - RTI Surgical Inc ::RTI Surgical announces 2017 third quarter results.Q3 earnings per share $0.23.Q3 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $0.05 to $0.07.Sees FY 2017 earnings per share $0.21 to $0.23.Q3 adjusted earnings per share $0.01 excluding items.Sees FY 2017 revenue $274 million to $280 million.Q3 revenue $66.7 million versus I/B/E/S view $65.4 million.FY 2017 earnings per share view $0.06, revenue view $277.8 million -- Thomson Reuters I/B/E/S.  Full Article

RTI names Jonathon Singer as Chief Financial and Administrative Officer​
Monday, 18 Sep 2017 06:22pm EDT 

Sept 18 (Reuters) - RTI Surgical Inc ::RTI Surgical continues to augment leadership team to accelerate its strategic direction.‍RTI board member Jonathon Singer named Chief Financial and Administrative Officer​.‍CFO Robert Jordheim will leave company to pursue new endeavors following successful transition​.Jonathon Singer will resign from board.  Full Article

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

BRIEF-RTI Surgical receives warning letter from FDA

* On Nov 9, co received a warning letter from FDA resulting from an inspection of co's facility in Alachua, Florida in April