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Silk Road Medical: 4Q Earnings Snapshot

SUNNYVALE, Calif. (AP) _ Silk Road Medical Inc. (SILK) on Wednesday reported a loss of $8.3 million in its fourth quarter.

The Sunnyvale, California-based company said it had a loss of 27 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 27 cents per share.

The medical device maker posted revenue of $18.6 million in the period.

For the year, the company reported a loss of $52.4 million, or $2.28 per share. Revenue was reported as $63.4 million.

Silk Road Medical expects full-year revenue in the range of $92 million to $95 million.

Silk Road Medical shares have risen 12% since the beginning of the year.


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