Orthofix(OFIX) - 2023 Q2 - Earnings Call Transcript

We expect adjusted gross margins to increase over time as we recognize efficiencies from spinal implant set utilization and product rationalization as well as other economies of scale that we expect to generate from the merger. GAAP gross margin in the second half of 2023 is likely to be negatively impacted by additional mergerrelated E&O inventory charges driven by further product rationalization decisions. We plan to host an Investor Day at our Louisville, Texas headquarters on Wednesday, September 20, at ...