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Silk Road Medical: 2Q Earnings Snapshot

SUNNYVALE, Calif. (AP) _ Silk Road Medical Inc. (SILK) on Monday reported a loss of $12 million in its second quarter.

The Sunnyvale, California-based company said it had a loss of 42 cents per share. Losses, adjusted for non-recurring costs, were 23 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.

The medical device maker posted revenue of $14.9 million in the period.

Silk Road Medical expects full-year revenue in the range of $60 million to $62 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILK at https://www.zacks.com/ap/SILK