K2M reported fourth quarter and full year revenue increases in 2015.
Here are five key points:
1. The fourth quarter revenue grew around 10 percent to 11 percent to around $54.4 million.
2. Domestic revenue reached $39.2 million to $39.4 million, a 10 percent increase over the same period last year. International revenue grew 11 percent to $15 million to $15.1 million.
3. The key service line revenue increase was:
• U.S. complex spine: 12 percent
• U.S. minimally invasive spine: 20 percent
• U.S. degenerative: 6 percent
4. The full year revenue grew 16 percent to $216 million to $216.3 million.
5. The company reported revenue guidance for 2016 at $246 million to $250 million, a 14 percent to 16 percent year-over-year.