earnings
confidence high
sentiment positive
materiality 0.70
SI-BONE Q2 revenue $40M (+20% YoY); raises 2024 guidance to $165-167M
SI-BONE, Inc.
2024-Q2 EPS reported
-$0.48
revenue$77,836,000
- Revenue $40.0M, up 20% YoY; U.S. revenue $37.8M (+21%). Net loss $8.9M ($0.22 loss per share) improved 20%.
- Adjusted EBITDA loss $2.7M, improved 43% YoY; expects positive adjusted EBITDA in Q4 2024.
- Raises 2024 revenue guidance to $165M-$167M (previous $164M-$166M), implying ~19-20% growth.
- Elected Daniel Wolf to Board of Directors effective Aug 5, 2024; he is SVP Chief Strategy & M&A at Baxter.