Organic Revenue Growth
Third quarter revenue increased 8% on an organic basis, with above-market growth in all business segments, achieving mid-single-digit to low double-digit growth.
Adjusted EBITDA and Margin Expansion
Adjusted EBITDA increased by 13% with a margin expansion of over 200 basis points, demonstrating strong operational efficiencies.
Free Cash Flow Acceleration
Cash from operations nearly tripled in the third quarter compared to the previous year, with a cash conversion ratio of over 100%.
Peripheral Nerve Stimulation and PRP Development
Positive feedback received on the launch of StimTrial and TalisMann following FDA clearance and the new PRP system, Excel, with expectations of 200 basis points of profitable growth in 2026.
Debt Reduction
Debt decreased by $19 million during the quarter, with plans to reduce net leverage below 2.5x by year-end.