ANIK News & Events

Reports Q1 revenue $29.6M vs. $26.2M last year. Reports total company revenue grew 13%, driven by commercial channel strength and favorable OEM channel order timing. "Our strategic transformation and organizational realignment is yielding results and driving improved profitability and efficiencies throughout the organization," said CEO Steve Griffin.

Anika is providing the following 2026 guidance: Total Company Revenue between $114 and $122.5 million, up 1% to 9% year over year; Commercial Channel, $53 to $58 million, maintaining up 10% to 20% year over year; OEM Channel, $61 to $64.5 million, maintaining flat to modestly lower year over year; Adjusted EBITDA as a percent of revenue to 5% to 10%, reflecting higher revenues and reduced expenses offset by modestly lower U.S. pricing dynamics.