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SI-BONE reported a 27% increase in worldwide revenue, reaching $19.8 million for Q4 2019. U.S. revenue grew by 28% to $18.5 million. However, the company's operating loss widened to $8.5 million due to increased operating expenses.
Worldwide revenue increased by 27% to $19.8 million.
U.S. revenue increased by 28% to $18.5 million.
Operating loss was $8.5 million, compared to $4.3 million in the prior year period.
Net loss was $9.1 million, or $0.36 per diluted share.
SI-BONE continues to expect full year 2020 revenue to be in the range of $80 to $82 million, representing growth of 19 to 22% over full year 2019 revenue.
Visualization of income flow from segment revenue to net income