Bioventus reports Q3 earnings, cuts 2026 revenue outlook amid strategic review

Bioventus Inc. posted third‑quarter 2026 revenue of $142.4 million and adjusted earnings of $0.17 per share, beating estimates. Net income rose to $6.0 million and adjusted EBITDA increased to $28.4 million. The company lowered its full‑year 2026 sales guidance to $590 million‑$595 million and reaffirmed adjusted EPS guidance of $0.75‑$0.79, while continuing a strategic review prompted by an unsolicited acquisition proposal.

The reduced revenue outlook narrows growth expectations and contributed to an 18‑19% drop in Bioventus shares, affecting investors’ valuation models. The guidance reaffirmation of adjusted EPS signals earnings resilience despite the top‑line shortfall.

  • 1Q3 2026 revenue was $142.4 million, up 3% year‑over‑year.
  • 2Adjusted earnings per share for the quarter were $0.17.
  • 3Net income attributable to Bioventus was $6.0 million, compared with $3.2 million a year earlier.
  • 4Adjusted EBITDA rose 7% to $28.4 million.
  • 5Full‑year 2026 net sales guidance was cut to $590 million‑$595 million.
  • 6Adjusted EPS guidance for 2026 was reaffirmed at $0.75‑$0.79 per share.

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