Overview
SI-BONE Inc Q2 2025 revenue grows 21.7%, beating analyst expectations, per LSEG data
Gross margin improves to 79.8%, up 80 basis points yr/yr
Co achieves positive adjusted EBITDA of $1 mln
Outlook
SI-BONE expects 2025 revenue between $195 mln and $198 mln
Company estimates full-year gross margin of 78.5% to 79.0%
SI-BONE anticipates operating expenses to grow ~10%
Company expects positive adjusted EBITDA for full-year 2025
Result Drivers
PROCEDURE DEMAND - U.S. revenue growth driven by strong underlying procedure demand
PHYSICIAN ENGAGEMENT - Growth in active U.S. physicians by ~25% contributed to revenue increase
PRODUCT LAUNCHES - Adoption of new product launches accelerated revenue growth
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$48.63 mln
$48.10 mln (8 Analysts)
Q2 Net Income
-$6.15 mln
Q2 Gross Margin
79.8%
Q2 Basic EPS
-$0.14
Q2 Operating Expenses
$45.81 mln
Q2 Operating income
-$7 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for SI-BONE Inc is $25.00, about 30.4% above its August 1 closing price of $17.39
Press Release: ID:nGNX3CRYkD
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)