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SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Silk Road Medical Inc. (SILK) on Tuesday reported a loss of $12.6 million in its fourth quarter.
On a per-share basis, the Sunnyvale, California-based company said it had a loss of 34 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 37 cents per share.
The medical device maker posted revenue of $40.1 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $37.3 million.
For the year, the company reported a loss of $55 million, or $1.54 per share. Revenue was reported as $138.6 million.
Silk Road Medical expects full-year revenue in the range of $176 million to $184 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SILK">Zacks stock report on SILK at https://www.zacks.com/ap/SILK