secwatch.observer — SEC 8-K summary
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Issuer:     SI-BONE, Inc. (SIBN)
CIK:        0001459839
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001459839-22-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SI-BONE Q1 revenue $22.4M (+10% YoY); net loss $17.4M; reaffirms FY2022 guidance
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- Worldwide revenue $22.4M, up 10% YoY; U.S. revenue $20.4M (+9%), international $2.1M (+24%.
- Gross margin 87% (vs 89% in Q1 2021); operating loss $16.9M vs $11.6M a year ago.
- Net loss $17.4M ($0.52 per diluted share) compared to $12.2M ($0.37 per share) in Q1 2021.
- Cash and marketable securities $130.7M, long-term borrowings $35.0M as of March 31, 2022.
- Reaffirmed FY2022 revenue guidance of ~$106M to $108M, representing 18%-20% growth over 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1459839/000145983922000027/0001459839-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1459839/000145983922000027/sibn-20220509.htm
  HTML page:      https://secwatch.observer/filing/0001459839-22-000027

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