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Actionable news in MDXG: MiMedx Group, Inc,

MiMedx (MDXG) Stock Dips on Q1 Revenue Results

NEW YORK (TheStreet) -- Shares of MiMedx Group (MDXG - Get Report) are falling by 8.79% to $8.20 on heavy trading volume Monday afternoon, following the early release of its 2016 first quarter revenue results yesterday.

The Marietta, GA-based medical products company said revenue rose 31% year-over-year to $53.4 million. However, the results missed analysts' expectations of $57.3 million.

The figure also fell short of MiMedx's previously issued guidance of $55.5 million to $58 million.

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"I classify our first quarter issues as 'growing pains'...