secwatch.observer — SEC 8-K summary
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Issuer:     SI-BONE, Inc. (SIBN)
CIK:        0001459839
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001459839-23-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SI-BONE Q4 revenue up 27% to $32M; issues 2023 guidance of $124-127M
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- Q4 worldwide revenue $32.0M (+27% YoY); full year $106.4M (+18% YoY).
- U.S. revenue Q4 $30.0M (+28%); active surgeons over 920 (+33% YoY).
- Net loss Q4 $11.2M ($0.32/sh) vs $14.5M ($0.43) prior year; adjusted EBITDA loss improved 54% to $4.2M.
- 2023 guidance: revenue $124-127M (17-19% growth); gross margin ~80%; adjusted EBITDA loss to improve.
- Refinanced $35M term loan with new $51M credit facility ($36M term + $15M revolver).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1459839/000145983923000014/0001459839-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1459839/000145983923000014/sibn-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001459839-23-000014

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