SI-BONE Sees Prelim FY23 Revenue $138.5M-$138.7M Vs $136.14M Est.
Portfolio Pulse from Benzinga Newsdesk
SI-BONE, Inc. has announced its preliminary revenue for the fiscal year 2023, which is expected to be between $138.5 million and $138.7 million. This forecast surpasses the estimated revenue of $136.14 million by analysts.
January 08, 2024 | 1:33 pm
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POSITIVE IMPACT
SI-BONE's preliminary FY23 revenue projection exceeds analyst estimates, indicating stronger than expected financial performance.
The announcement of SI-BONE's preliminary revenue for FY23 being higher than analyst estimates is likely to be viewed positively by investors. This outperformance can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100