Welcome to our dedicated page for Bioventus news (Ticker: $BVS), a resource for investors and traders seeking the latest updates and insights on Bioventus stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bioventus's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bioventus's position in the market.
Bioventus Inc. (Nasdaq: BVS) reported strong first-quarter financial results with a revenue increase of 8.7% and organic growth of 15.3%. The company raised its full-year 2024 financial guidance, reflecting enhanced revenue growth and strategic execution. Gross margin expanded significantly, and adjusted EBITDA from continuing operations increased by 33.5%. Bioventus achieved key milestones, including revenue growth in Pain Treatments and Surgical Solutions, liquidity enhancement, and EU MDR Certification for Exogen Bone Stimulation System. The company now expects net sales of $535 million to $550 million, adjusted EBITDA of $94 million to $99 million, and non-GAAP EPS of $0.25 to $0.33 for 2024.
Bioventus Inc. (Nasdaq: BVS) will release its financial results for the first quarter of fiscal year 2024 on May 7, 2024. The management will conduct a conference call at 8:30 a.m. Eastern Time on the same day to discuss the results and provide a business update. Participants can join the call by dialing 1-833-636-0497 or accessing the live webcast on the company's website. The webcast will be available for replay until May 6, 2025.