SI-BONE Inc reports results for the quarter ended September 30 - Earnings Summary

SI-BONE

12/11/2024 23:32

* SI-BONE Inc  SIBN.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -25 cents.  The mean expectation of nine analysts for the
quarter was for a loss of 24 cents per share. Wall Street
expected results to range from -29 cents to -20 cents per share.
    * Revenue rose 18.6% to $40.34 million from a year ago;
analysts
expected $40.50 million. 
    * SI-BONE Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of $6.58 million.
    * SI-BONE Inc shares had risen by 13.9% this quarter and
lost 24.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 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 November 12 at
11:32 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
 Sep. 30 2024      -0.24          -0.16          Beat
 Jun. 30 2024      -0.28          -0.22          Beat
 Mar. 31 2024      -0.31          -0.27          Beat
 Dec. 31 2023      -0.28          -0.27          Beat