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RTI Surgical™ Announces 2013 Third Quarter Results

RTI Surgical Inc. (RTI) (Nasdaq:RTIX), a global surgical implant company, reported operating results for the third quarter of 2013 as follows:

Quarterly Highlights:

Worldwide revenues were $54.7 million for the third quarter of 2013 compared to revenues of $44.6 million for the third quarter of 2012. Domestic revenues were $49.3 million for the third quarter of 2013 compared to revenues of $39.6 million for the third quarter of 2012. International revenues were $5.4 million for the third quarter of 2013 compared to revenues of $4.9 million for the third quarter of 2012. On a constant currency basis, international revenues for the third quarter of 2013 increased 6 percent as compared to the third quarter of 2012. The increases in year-over-year revenues reflect the inclusion of $16.1 million of Pioneer revenues for the period of July 16, 2013 to Sept. 30, 2013. If Pioneer revenues had been included for the entire third quarter for both 2012 and 2013, worldwide revenues would have decreased by 12 percent.

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