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

SI-BONE

05/08/2024 22:54

* SI-BONE Inc  SIBN.OQ  reported a quarterly adjusted loss
of 22
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of -30
cents.  The mean expectation of nine analysts for the quarter
was for a loss of 28 cents per share. Wall Street expected
results to range from -30 cents to -24 cents per share.
    * Revenue rose 20% to $39.97 million from a year ago;
analysts
expected $38.32 million. 
    * SI-BONE Inc's reported EPS for the quarter was a loss
of 22
cents​.
    * The company reported a quarterly loss of $8.94 million.
    * SI-BONE Inc shares had risen by 14.1% this quarter and
lost 29.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 also "buy"

Wall Street's median 12-month price target for SI-BONE Inc is
$25.00 
This summary was machine generated from LSEG data August 5 at
09:54 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
 Jun. 30 2024      -0.28          -0.22          Beat
 Mar. 31 2024      -0.31          -0.27          Beat
 Dec. 31 2023      -0.28          -0.27          Beat
 Sep. 30 2023      -0.34          -0.25          Beat