SI-BONE, Inc. Beats Consensus Estimates as Q3 Revenue Rises 14.5%

SI-BONE, Inc. beat consensus estimates for revenue and per-share loss in the third quarter, as worldwide revenue grew 14.5% year over year to $55.704 million for the period ended Sept. 30. The company announced the results Monday, Nov. 2. Revenue rose from $48.656 million in the year-earlier quarter. SI-BONE recorded a GAAP net loss of $3.620 million, or $0.08 per share, compared with a $4.566 million loss, or $0.11 per share, a year earlier. Revenue exceeded the listed consensus estimate of $55.31 million by $394,000. The $0.08-per-share loss was 4.64 cents narrower than the listed estimate of $0.1264 per share.

Source: TokenPost