SIBN reports a smaller-than-expected Q1 loss of $0.1 per share, improving from a $0.15 loss a year ago.
Si-Bone posted a first-quarter loss of $0.1 per share, narrower than the Zacks Consensus Estimate of a $0.17 loss. Revenue also exceeded expectations for the period.
The adjusted loss compares to a $0.15 per-share loss in the same quarter last year. The results reflect ongoing cost management and revenue growth.
Shares of SIBN showed limited movement in after-hours trading following the release.