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Silk Road Medical, Inc
SILK•NASDAQ
Healthcare
Medical - Devices
$27.49
$-0.01(-0.04%)

The company's financials show resilient growth, with revenue advancing from $44.44M in Q3 2023 to $51.24M in Q2 2024. Gross profit remained healthy with margins at 75% in Q2 2024 compared to 73% in Q3 2023. Operating income hit -$17.20M last quarter, sustaining a consistent -34% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$13.93M. Net income dropped to -$16.60M, while earnings per share reached -$0.42. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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