Si-Bone: Fourth Quarter Financial Overview

Si-Bone Inc. Announces Fourth Quarter Financial Results

Si-Bone Inc., headquartered in Santa Clara, California, reported a net loss of $1.6 million for the fourth quarter.

This translates to a loss of 4 cents per share for the period.

The company’s performance exceeded analysts’ expectations, as experts surveyed by Zacks Investment Research had anticipated a loss of 13 cents per share.

During the quarter, the medical device manufacturer generated $56.4 million in revenue.

For the entire fiscal year, Si-Bone recorded a total loss of $18.9 million, or 44 cents per share, with annual revenue reaching $200.9 million.

Looking ahead, Si-Bone projects its full-year revenue to fall between $228.5 million and $232.5 million.

Financial data for this report was sourced from Zacks Investment Research and compiled by Automated Insights.