May 7, 2020 / 11:48 AM / 24 days ago

BRIEF-Xtant Medical Holdings Q1 Revenue Fell 11.6% To $14.8 Million

May 7 (Reuters) - Xtant Medical Holdings Inc:

* XTANT MEDICAL ANNOUNCES FIRST QUARTER 2020 FINANCIAL RESULTS

* Q1 REVENUE FELL 11.6 PERCENT TO $14.8 MILLION

* ENACTED AN EXTENSIVE COST REDUCTION PROGRAM TO PRESERVE CASH

* ENACTED WORKFORCE REDUCTIONS AND FURLOUGHS, ACROSS BOARD COMPENSATION, RELATED BENEFITS DECREASES

* ENACTED SIGNIFICANT REDUCTIONS IN BOTH CAPITAL EXPENDITURES AND DISCRETIONARY SPENDING Source text for Eikon: Further company coverage:

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