Orthofix Medical Inc. (NASDAQ:OFIX) Q1 2024 Earnings Call Transcript

Page 2 of 2

Jeff Cohen: Okay, got it. And then could you talk a little bit about the larger, more dedicated distributors as far as aggregate numbers, do you anticipate over the balance this year that the actual number of distributors will decrease? And then could you give us a sense of feet on the ground? Thank you.

Massimo Calafiore: Yes, I don’t think that we give the specific detail about, like the amount, distributor and like in general, what I can tell you is that on the positive side, we are seeing that all our top distributors are keep increasing their loyalty to us. So, I think that what we’re seeing, everything is shifting to have, let’s say, given the depth of our portfolio, especially in spine, our top distributor are becoming exclusive to us. So and I think this one is going to keep driving, is going to help us to drive compliance moving forward and focus with our products. So, as I said, we don’t give a specific number, but what I can tell you that directionally, the quality of revenue that we are seeing is pretty high right now.

Jeff Cohen: Okay, perfect. Thanks for taking our questions.

Operator: That concludes our Q&A session. And this concludes today’s conference call. You may now disconnect.

Follow Orthofix Medical Inc. (NASDAQ:OFIX)

Page 2 of 2