SI-BONE Q3 2023 EPS $(0.25) Beats $(0.34) Estimate, Sales $34.01M Beat $32.38M Estimate
Portfolio Pulse from vinayak@benzinga.com
SI-BONE (NASDAQ:SIBN) reported Q3 2023 earnings per share (EPS) of $(0.25), beating the analyst consensus estimate of $(0.34) by 26.47%. This is a 39.02% increase over losses from the same period last year. The company also reported quarterly sales of $34.01 million, beating the analyst consensus estimate of $32.38 million by 5.05%, a 28.68% increase from the same period last year.
November 06, 2023 | 9:19 pm
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POSITIVE IMPACT
SI-BONE's Q3 2023 earnings and sales exceeded analyst estimates, indicating a positive financial performance. This could potentially lead to a positive short-term impact on the company's stock.
SI-BONE's better-than-expected Q3 2023 earnings and sales figures indicate a strong financial performance, which is likely to be viewed positively by investors. This could potentially lead to increased demand for the company's stock, driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100