Silk Road Medical: Q4 Earnings Snapshot

SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Silk Road Medical Inc. (SILK) on Wednesday reported a loss of $13 million in its fourth quarter.

On a per-share basis, the Sunnyvale, California-based company said it had a loss of 33 cents.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 40 cents per share.

The medical device maker posted revenue of $47.3 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $42.2 million.

For the year, the company reported a loss of $55.7 million, or $1.44 per share. Revenue was reported as $177.1 million.

Silk Road Medical expects full-year revenue in the range of $194 million to $198 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILK at https://www.zacks.com/ap/SILK