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SIBN

SI-Bone

$21.43 /

-0.07 (-0.33%)

08:17
01/09/20
01/09
08:17
01/09/20
08:17

SI-Bone sees FY19 revenue $67M-$67.3M, consensus $66.19M.

U.S. revenue is expected to be in the range of $61.6-$61.8 million, reflecting growth of approximately 23% compared to the prior year period. International revenue is expected to be in the range of $5.4-$5.5 million. "We are pleased with our strong revenue performance in the fourth quarter, resulting from U.S. investments in sales force hiring and surgeon training throughout the year," said Jeff Dunn, President, Chief Executive Officer, and Chairman of SI-BONE. "In addition, major U.S. commercial payors like Cigna continue to establish positive coverage policies for minimally invasive SI joint fusion based upon the strength of our clinical data, totaling over 282 million covered lives in the U.S. as of year-end. We are well positioned to deliver continued U.S. growth based upon execution of our commercial strategy while making improvements to our international business."

SIBN SI-Bone
$21.43 /

-0.07 (-0.33%)

01/07/20 SunTrust
SI-Bone initiated with a Buy at SunTrust
12/18/19 Cantor Fitzgerald
Cantor starts SI-Bone at Overweight on 'sizable' sacroiliac joint market
12/17/19 Cantor Fitzgerald
SI-Bone initiated with an Overweight at Cantor Fitzgerald

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