Silk Road Medical Expects Prelim. Q3 Revenue $44.4M vs $46.29M Est.
Portfolio Pulse from Bill Haddad
Silk Road Medical has announced its preliminary Q3 revenue to be $44.4M, which is lower than the estimated $46.29M.

October 10, 2023 | 8:22 pm
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Silk Road Medical's Q3 revenue is expected to be lower than estimated, which could negatively impact the company's stock price.
Companies that report lower than expected revenues often see a negative impact on their stock price as it may indicate a slowdown in growth or operational issues. In this case, Silk Road Medical's lower than expected Q3 revenue could lead to a decrease in its stock price.
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