Life Spine reports 44 percent revenue growth in first half of 2016

Business Wire

HUNTLEY - Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, said revenues for the first half of 2016 grew by 44 percent over the same period in 2015. Revenues for the second quarter of 2016 grew by 50 percent 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 groundbreaking products launching this year, we anticipate this strong uptrend to continue in 2016 and in the long-term."