SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Silk Road Medical Inc. (SILK) on Tuesday reported a loss of $14.1 million in its first quarter.
The Sunnyvale, California-based company said it had a loss of 36 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 40 cents per share.
The medical device maker posted revenue of $48.5 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $44.7 million.
Silk Road Medical expects full-year revenue in the range of $194 million to $198 million.
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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
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