RTI Surgical, Inc. (NASDAQ:RTIX) posted its quarterly earnings data on Tuesday. The medical equipment provider reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02, Briefing.com reports. RTI Surgical had a negative net margin of 6.85% and a positive return on equity of 1.34%. The business had revenue of $72.10 million for the quarter, compared to analysts’ expectations of $70.25 million. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. RTI Surgical updated its FY17 guidance to 0.04-0.08 EPS.

Shares of RTI Surgical (RTIX) opened at 4.90 on Wednesday. The company’s market capitalization is $284.82 million. RTI Surgical has a 12 month low of $2.50 and a 12 month high of $6.00. The firm’s 50-day moving average is $5.63 and its 200 day moving average is $4.43.

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In other RTI Surgical news, CEO Camille Farhat acquired 61,693 shares of RTI Surgical stock in a transaction dated Thursday, May 18th. The stock was purchased at an average cost of $4.65 per share, for a total transaction of $286,872.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.90% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of RTIX. State Street Corp boosted its position in shares of RTI Surgical by 2.6% in the fourth quarter. State Street Corp now owns 996,778 shares of the medical equipment provider’s stock worth $3,243,000 after buying an additional 25,581 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of RTI Surgical by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,825,098 shares of the medical equipment provider’s stock worth $12,432,000 after buying an additional 10,573 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of RTI Surgical by 28.9% in the fourth quarter. Renaissance Technologies LLC now owns 674,200 shares of the medical equipment provider’s stock worth $2,191,000 after buying an additional 151,200 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of RTI Surgical by 32.4% in the fourth quarter. Teachers Advisors LLC now owns 153,071 shares of the medical equipment provider’s stock worth $497,000 after buying an additional 37,436 shares in the last quarter. Finally, Foundry Partners LLC boosted its position in shares of RTI Surgical by 5.3% in the first quarter. Foundry Partners LLC now owns 1,039,300 shares of the medical equipment provider’s stock worth $4,157,000 after buying an additional 52,125 shares in the last quarter. Hedge funds and other institutional investors own 68.53% of the company’s stock.

RTIX has been the topic of several analyst reports. BidaskClub cut shares of RTI Surgical from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. TheStreet raised shares of RTI Surgical from a “d+” rating to a “c-” rating in a research report on Friday, May 5th. Zacks Investment Research cut shares of RTI Surgical from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd. Finally, ValuEngine raised shares of RTI Surgical from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd.

About RTI Surgical

RTI Surgical, Inc is engaged in producing orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues. The Company uses natural tissues, metals and synthetics process to produce its products. The Company’s business primarily consists of six categories, such as spine, sports medicine, ortho fixation, bone graft substitutes and general orthopedic (BGS and general orthopedic), dental and surgical specialties.

Earnings History for RTI Surgical (NASDAQ:RTIX)

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