Bioventus

BVS Q1 2025 Earnings

Reported May 6, 2025 at 7:36 AM ET · SEC Source

Q1 25 EPS

$0.08

BEAT +250.88%

Est. $0.02

Q1 25 Revenue

$123.9M

BEAT +0.95%

Est. $122.7M

vs S&P Since Q1 25

+18.6%

BEATING MARKET

BVS +49.8% vs S&P +31.3%

Market Reaction

Did BVS Beat Earnings? Q1 2025 Results

Bioventus delivered a sharply better-than-expected first quarter, posting non-GAAP EPS of $0.08 against a consensus estimate of $0.02, a beat of 250.88%, while revenue of $123.88 million edged past the $122.71 million consensus by 0.95%. Reported rev… Read more Bioventus delivered a sharply better-than-expected first quarter, posting non-GAAP EPS of $0.08 against a consensus estimate of $0.02, a beat of 250.88%, while revenue of $123.88 million edged past the $122.71 million consensus by 0.95%. Reported revenue fell 4.3% year over year, a decline tied almost entirely to the company's divestiture of its Advanced Rehabilitation Business at the end of 2024; strip out that transaction and organic revenue grew 5.0%, with all three business segments contributing positively. Pain Treatments, the largest segment at $58.92 million, benefited from double-digit demand growth for Durolane, its single-injection knee osteoarthritis therapy, while Surgical Solutions added 7.0% growth to $45.23 million on strong Ultrasonics capital equipment sales. The net loss attributable to Bioventus narrowed to $2.64 million from $4.89 million a year ago, and interest expense fell to $7.51 million from $10.34 million as debt reduction efforts gained traction. Management reiterated full-year 2025 guidance calling for net sales of $560 million to $570 million and non-GAAP EPS of $0.64 to $0.68, representing growth of 30.6% to 38.8%.

Key Takeaways

  • Double-digit growth in demand for Durolane single-injection HA therapy for knee osteoarthritis
  • Double-digit growth from Ultrasonics driven by strong U.S. capital equipment purchases
  • Organic revenue growth of 4.0% in Restorative Therapies driven by improved commercial effectiveness with EXOGEN
  • Interest expense reduction to $7.5 million from $10.3 million year-over-year
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BVS YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

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BVS Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26
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BVS Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Our Bioventus team delivered solid results to start the year and we are making substantial progress with executing our strategic plan.”

— Rob Claypoole, Q1 2025 Earnings Press Release