Si-Bone: Q2 Earnings Snapshot
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Si-Bone Inc. (SIBN) on Monday reported a loss of $11.2 million in its second quarter.
On a per-share basis, the Santa Clara, California-based company said it had a loss of 30 cents.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share.
The medical device maker posted revenue of $33.3 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $32.2 million.
Si-Bone expects full-year revenue in the range of $132 million to $134 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIBN at https://www.zacks.com/ap/SIBN
