secwatch.observer — SEC 8-K summary
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Issuer:     SI-BONE, Inc. (SIBN)
CIK:        0001459839
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001459839-23-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SI-BONE Q2 revenue $33.3M (+30% YoY); raises FY 2023 revenue guidance to $132-134M
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- Record worldwide revenue $33.3M (+30% YoY); U.S. revenue $31.2M (+31% YoY).
- Net loss improved to $11.2M ($0.30 diluted loss) from $18.5M ($0.54) in Q2 2022.
- Adjusted EBITDA loss narrowed 59% to -$4.7M from -$11.5M.
- FY 2023 revenue guidance raised to $132-134M (prior $128-131M), implying 24-26% growth.
- Gross margin 81% vs 86% a year ago, impacted by product mix and higher depreciation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1459839/000145983923000088/0001459839-23-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1459839/000145983923000088/sibn-20230807.htm
  HTML page:      https://secwatch.observer/filing/0001459839-23-000088

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