LIFE SPINE ACHIEVES UNPARALLELED FINANCIAL RESULTS AND A 50% SALES GROWTH RATE IN Q2 2016
Huntley, IL, July 14, 2016 –
Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, announced today that revenues for the first half of 2016 grew by 44% over the same period in 2015. Revenues for the second quarter of 2016 grew by 50% as compared to the same period last year.
“We reported strong second quarter results, including record revenue, which increased 50% over the same quarter last year,” said Omar Faruqi, Chief Financial Officer for Life Spine. “Because we are offering full procedural solutions and have twenty ground-breaking products launching this year, we anticipate this strong uptrend to continue in 2016 and in the long-term.”
About Life Spine
Life Spine is dedicated to improving the quality of life for spinal patients by increasing procedural efficiency and efficacy through innovative design, uncompromising quality standards, and the most technologically advanced manufacturing platforms.