earnings
confidence high
sentiment positive
materiality 0.75
SI-BONE Q1 revenue up 25% to $47.3M, posts positive adjusted EBITDA, raises FY guidance
SI-BONE, Inc.
2025-Q1 EPS reported
-$0.15
revenue$47,290,000
- Worldwide revenue $47.3M, up 24.9% YoY; U.S. revenue $44.8M, up 26.6%.
- Gross margin 79.7% vs 78.9% a year ago; net loss improved 40% to $6.5M ($0.15/share).
- Adjusted EBITDA positive $0.5M vs loss of $4.0M in Q1 2024; cash $144.4M, net cash usage down 31.7%.
- FY2025 revenue guidance raised to $193.5M-$197.5M (prior $193.5M-$195.5M); expects positive adjusted EBITDA for full year.
- Added 300 active U.S. physicians in Q1; CMS proposed NTAP for iFuse TORQ TNT up to $3,960/ procedure.