SI-BONE Shares Rise 19% on Expected Higher 4Q, Full-Year Revenue

Dow Jones

Jan 14

By Stephen Nakrosis

Shares of SI-BONE were higher after the medical-device company released some preliminary financial results for the fourth quarter and full year 2024.

The company's shares were up 19%, to $16.34, by early Monday afternoon.

For the fourth quarter, SI-BONE said it was expecting worldwide revenue in the range of $48.8 million to $49 million. In the prior fourth quarter, the company reported revenue of $38.9 million.

The company also said it was expecting 2024 worldwide revenue between $167 million and $167.1 million, above the previous guidance of $165 million to $166 million.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

January 13, 2025 13:48 ET (18:48 GMT)

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