Paragon 28 Q1 Sales $61.10M Beat $59.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paragon 28 (NYSE:FNA) reported Q1 sales of $61.10M, surpassing the analyst consensus estimate of $59.66M by 2.42% and marking a 17.42% increase from the previous year's $52.04M.
May 08, 2024 | 8:06 pm
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POSITIVE IMPACT
Paragon 28 reported a strong Q1 with sales of $61.10M, exceeding estimates and showing significant year-over-year growth.
Beating sales estimates and showing a substantial year-over-year growth indicates strong performance and operational efficiency. This positive news is likely to instill investor confidence and could lead to a short-term uptick in FNA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100