OrthoPediatrics Corp (NAS:KIDS)
$ 22.89 -0.49 (-2.1%) Market Cap: 554.30 Mil Enterprise Value: 562.78 Mil PE Ratio: 0 PB Ratio: 1.49 GF Score: 70/100

OrthoPediatrics Corp at Needham Healthcare Conference (Virtual) Transcript

Apr 17, 2023 / 12:45PM GMT
Release Date Price: $49.64 (+2.56%)
Mike Matson
Needham & Company - Moderator

Good morning. Thanks for joining us at the 22nd Annual Needham Healthcare Conference. I'm Mike Matson and I lead the medtech and diagnostics equity research team here at Needham & Company.

I'm pleased to introduce OrthoPediatrics. Presenting from the company, we have President and CEO, David Bailey; and CFO, Fred Hite. Instead of a standard presentation, we're going to do a Q&A session. (Conference Instructions) And so with that, we're going to start with the Q&A.

Questions & Answers

Mike Matson;David Bailey
Needham & Company - Moderator;OrthoPediatrics Corp. - President

So I guess I'm going to start with the fourth quarter, you saw a significant headwind from increased respiratory illnesses in children, COVID, but also RSV and the flu. Can you just kind of recap what happened, what you were seeing, and maybe give us an update if possible on what you've seen since then? Have the headwinds eased or did they continue to spill into the first quarter?

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