SI-BONE Inc reports results for the quarter ended in December - Earnings Summary

SI-BONE

26/02/2024 22:51

* SI-BONE Inc  SIBN.OQ  reported a quarterly adjusted loss
of 27
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -32
cents.  The mean expectation of eight analysts for the quarter
was for a loss of 28 cents per share. Wall Street expected
results to range from -31 cents to -23 cents per share.
    * Revenue rose 21.6% to $38.86 million from a year ago;
analysts
expected $37.61 million. 
    * SI-BONE Inc's reported EPS for the quarter was a loss
of 27
cents​.
    * The company reported a quarterly loss of $10.98 million.
    * SI-BONE Inc shares had fallen by 3.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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 also "buy"

Wall Street's median 12-month price target for SI-BONE Inc is
$26.00 
This summary was machine generated from LSEG data February 26 at
10:51 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.28          -0.27          Beat
 Sep. 30 2023      -0.34          -0.25          Beat
 Jun. 30 2023      -0.40          -0.30          Beat
 Mar. 31 2023      -0.41          -0.32          Beat