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.
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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 SILK at https://www.zacks.com/ap/SILK