First Quarter PerformanceFirst quarter revenues were $61.1 million, representing a $500,000 sequential step-up over Q4, contrary to typical seasonality and cadence, which usually sees a sequential decline.
Market PositionParagon 28 is reaching its growth stride and making headway toward profitability, all while taking share in the fastest-growing segment of the orthopedic market.
Revenue GrowthRevenue growth improved slightly to 17.4% constant currency in Q1 from 17.3% constant currency in Q4, driven by new product launches, sales force expansion, medical education, and international expansion.