earnings
confidence high
sentiment positive
materiality 0.75
SI-BONE posts record Q2 revenue of $22.2M, gets exclusive Anthem coverage
SI-BONE, Inc.
2021-Q2 EPS reported
-$0.80
revenue$42,636,000
- Record Q2 worldwide revenue $22.2M (+58% YoY); U.S. revenue $20.2M (+53%).
- Exclusive coverage from Anthem (40M+ members) expands SI joint fusion access; also positive Centene coverage.
- Gross margin 89%; guidance raised to 87-89%; FY2021 revenue guidance maintained $92-94M.
- Net loss $14.0M ($0.42/sh) vs $12.5M ($0.44/sh) prior year; operating loss $13.0M.
- Published 2-year clinical trial results for iFuse-3D Implant System, 95th peer-reviewed publication.