Silk Road Medical (SILK) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to loss of $0.35 per share a year ago.
Silk Road Medical (SILK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Silk stock skyrocketed Tuesday after Boston Scientific agreed to buy the medical devices company for $1.16 billion.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JM John Malone Amundi | 487,680 | $23,341 | $23,341 | - | - |
| - Industry | - Sector | Mr. Lucas W. Buchanan CEO | NASDAQ (NGS) Exchange | 82710M100 CUSIP |
| US Country | 474 Employees | - Last Dividend | - Last Split | 4 Apr 2019 IPO Date |
Silk Road Medical, Inc. is a pioneering medical device company based in the United States, specializing in innovative treatment solutions for carotid artery disease. Since its inception in 2007, the company has focused on developing and commercializing a distinct approach known as transcarotid artery revascularization (TCAR). With its headquarters in Sunnyvale, California, Silk Road Medical has been at the forefront of addressing the complications associated with traditional carotid artery disease treatments by introducing minimally invasive techniques that promise improved patient outcomes.
The company's portfolio comprises a series of advanced products designed to support the TCAR procedure, each contributing uniquely to the safety and effectiveness of the treatment: