SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Si-Bone Inc. (SIBN) on Monday reported a loss of $6.5 million in its first quarter.
The Santa Clara, California-based company said it had a loss of 15 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.
The medical device maker posted revenue of $47.3 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $45 million.
Si-Bone expects full-year revenue in the range of $193.5 million to $197.5 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 SIBN at https://www.zacks.com/ap/SIBN
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