Aurora Spine achieves record-high Q2 revenue: 3 details

Spinal Tech

Aurora Spine released its second quarter 2018 financial results.

Here are three things to know:

1. The company achieved its highest quarterly revenue, generating more than $2 million in second quarter, a 39 percent increase year-over-year.

2. Aurora Spine's gross profit for the second quarter was more than $1.1 million. Gross margin as a percentage of sales rose to 56.2 percent compared to 50.6 percent in the same quarter last year.

3. Total operating expense for the quarter was $1.1 million or 54.6 percent of revenue. The expense margin was 82.3 percent from second quarter of 2017.

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