Adjusted EBITDA ConcernsAdjusted EBITDA should also be weaker given these revenue headwinds, tough adjusted EBITDA comp in the 1H, and more normalized expense levels expected vs. the reduced spending BVS operated under one year ago.
Pain Treatments SegmentPain Treatments growth benefited from a few million dollars of above-normal distributor orders, which is expected to negatively impact Q1 expectations as lower distributor orders are anticipated.
Revenue ChallengesQ1/H1 organic revenues should be more challenged given two fewer selling days in the Q1, pull-forward of HA orders from the Q1/25 to Q4/24, and continued BGS distributor choppiness for a couple more Qs.