Zacks Investment Research
Si-Bone (SIBN) Reports Q3 Loss, Tops Revenue Estimates
Si-Bone (SIBN) reported a quarterly loss of $0.08 per share, beating the consensus estimate of $0.13 loss by 38.46%, with revenues of $55.7 million slightly exceeding expectations. The company has surpassed consensus estimates four times over the last four quarters.
However, shares have underperformed the S&P 500 year-to-date, gaining 7.7% versus the market's 10.7%. The stock received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.
