SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Silk Road Medical Inc. (SILK) on Tuesday reported a loss of $16.5 million in its first quarter.
The Sunnyvale, California-based company said it had a loss of 43 cents per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.
The medical device maker posted revenue of $40.1 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $40.8 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
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.