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SILK

Silk Road Medical Inc

$42.38

Earnings Summary

Revenue
$33.17Mn
Net Profits
$-15.4Mn
Net Profit Margins
-46.42%

Highlights

Revenue:

Silk Road Medical Inc’s revenue jumped 25.39% since last year same period to $33.17Mn in the Q2 2022. On a quarterly growth basis, Silk Road Medical Inc has generated 18.39% jump in its revenue since last 3-months.

Net Profits:

Silk Road Medical Inc’s net profit fell -46.1% since last year same period to $-15.4Mn in the Q2 2022. On a quarterly growth basis, Silk Road Medical Inc has generated 7.68% jump in its net profits since last 3-months.

Net Profit Margins:

Silk Road Medical Inc’s net profit margin fell -16.52% since last year same period to -46.42% in the Q2 2022. On a quarterly growth basis, Silk Road Medical Inc has generated 22.02% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Silk Road Medical Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.42
EPS Estimate Current Year
-0.42

Highlights

EPS Estimate Current Quarter:

Silk Road Medical Inc’s earning per share (EPS) estimates for the current quarter stand at -0.42 - a 8.7% jump from last quarter’s estimates.

EPS Estimate Current Year:

Silk Road Medical Inc’s earning per share (EPS) estimates for the current year stand at -0.42.

Key Ratios

Key ratios of the Silk Road Medical Inc post its Q2 2022 earnings

Earning Per Share (EPS)
-0.43
Return on Assets (ROA)
-0.22
Return on Equity (ROE)
-0.78
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Silk Road Medical Inc’s earning per share (EPS) fell -38.71% since last year same period to -0.43 in the Q2 2022. This indicates that the Silk Road Medical Inc has generated -38.71% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Silk Road Medical Inc’s return on assets (ROA) stands at -0.22.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Silk Road Medical Inc’s return on equity (ROE) stands at -0.78.

Dividend Per Share (DPS):

Silk Road Medical Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
-0.37
-0.48
-29.73%
2022-06-30
-0.46
-0.43
6.52%

Company Information

Silk Road Medical, Inc.,is a medical device company located in Sunnyvale, California, that is focused on reducing the risk of stroke and its devastating impact. The company's flagship procedure, TransCarotid Artery Revascularization (TCAR), is clinically proven to treat blockages in the carotid artery at risk of causing a stroke.

Organisation
Silk Road Medical Inc
Headquarters
Sunnyvale, California, United States
Employees
281
Industry
Medical Specialties
CEO
Erica Rogers