Adjusted EBITDA Growth
Adjusted EBITDA for Q3 was $8.9 million, up 11% from the previous year, reflecting tight cost control and solid operational execution.
Consumable Mix Increase
Consumable mix increased from 65% of net sales in the previous year to 71% this quarter, driven by modest growth net of the China impact.
Successful New Product Launches
Hydralock HA and HydraFillic with Pep9 Boosters collectively contributed to a 14% growth in the booster sales category.
Inventory Management Milestone
Inventory levels were reduced to below $60 million, the lowest in 3 years, due to improved demand planning and production quality.