Silk Road Medical: Q1 Earnings Snapshot

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.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SILK at

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