MiMedx Group Inc (MDXG): MiMedx Announces Record Second Quarter R...

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Thursday, 08/01/2013 11:54:40 AM

Thursday, August 01, 2013 11:54:40 AM

MiMedx Announces Record Second Quarter Results

MARIETTA, Ga., July 31, 2013 /PRNewswire/ -- MiMedx Group, Inc. (MDXG), an integrated developer, manufacturer and marketer of patent protected regenerative biomaterials and bioimplants processed from human amniotic membrane, announced today its results for the quarter ended June 30, 2013.

Highlights of second quarter 2013 results include:

Revenue met or exceeded forecast for 7th consecutive quarter

Revenue increased more than 175% over second quarter of 2012

Six-month revenue increased more than 190% over first half of 2012

Sixth consecutive quarter of positive Adjusted EBITDA

Gross Margins improved by 7% over second quarter of 2012

Six month gross margins improved 8% over prior year

Company reiterates third quarter and full year 2013 guidance

http://finance.yahoo.com/news/mimedx-announces-record-second-quarter-110000017.html