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
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100