secwatch.observer — SEC 8-K summary
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Issuer:     Paragon 28, Inc. (—)
CIK:        0001531978
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001193125-24-134185
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paragon 28 Q1 revenue $61.1M (+17.4% YoY); net loss $15.2M vs $9.1M; reaffirms FY guidance $249-259M
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- Consolidated net revenue $61.1M (record), up 17.4% YoY; U.S. $51.1M (+13.5%), international $10.0M (+42.2%).
- Gross profit margin 80.0% vs 82.9% YoY; operating expenses $61.8M, up 21.5%.
- Net loss $15.2M vs $9.1M; adjusted EBITDA loss $5.5M vs $1.4M.
- Reaffirms 2024 net revenue guidance of $249M-$259M (15.1%-19.7% reported growth).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1531978/000119312524134185/0001193125-24-134185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1531978/000119312524134185/d829713d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-134185

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer