Silk Road Medical: 2Q Earnings Snapshot
SUNNYVALE, Calif. (AP) _ Silk Road Medical Inc. (SILK) on Monday reported a loss of $12 million in its second quarter.
The Sunnyvale, California-based company said it had a loss of 42 cents per share. Losses, adjusted for non-recurring costs, were 23 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.
The medical device maker posted revenue of $14.9 million in the period.
Silk Road Medical expects full-year revenue in the range of $60 million to $62 million.