Silk Road Medical Past Earnings Performance
Past criteria checks 0/6
Silk Road Medical's earnings have been declining at an average annual rate of -2.2%, while the Medical Equipment industry saw earnings growing at 2% annually. Revenues have been growing at an average rate of 27% per year.
Key information
-2.2%
Earnings growth rate
70.4%
EPS growth rate
| Medical Equipment Industry Growth | 4.3% |
| Revenue growth rate | 27.0% |
| Return on equity | -36.3% |
| Net Margin | -28.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Silk Road Medical makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 185 | -53 | 152 | 42 |
| 31 Dec 23 | 177 | -56 | 145 | 41 |
| 30 Sep 23 | 170 | -55 | 138 | 40 |
| 30 Jun 23 | 163 | -53 | 131 | 39 |
| 31 Mar 23 | 151 | -55 | 123 | 39 |
| 31 Dec 22 | 139 | -55 | 116 | 36 |
| 30 Sep 22 | 127 | -57 | 111 | 35 |
| 30 Jun 22 | 114 | -61 | 108 | 33 |
| 31 Mar 22 | 107 | -56 | 102 | 30 |
| 31 Dec 21 | 101 | -50 | 96 | 27 |
| 30 Sep 21 | 94 | -52 | 90 | 30 |
| 30 Jun 21 | 90 | -48 | 84 | 27 |
| 31 Mar 21 | 78 | -48 | 77 | 24 |
| 31 Dec 20 | 75 | -47 | 76 | 21 |
| 30 Sep 20 | 73 | -39 | 73 | 14 |
| 30 Jun 20 | 70 | -37 | 71 | 13 |
| 31 Mar 20 | 70 | -38 | 69 | 13 |
| 31 Dec 19 | 63 | -52 | 63 | 12 |
| 30 Sep 19 | 56 | -60 | 57 | 12 |
| 30 Jun 19 | 49 | -61 | 49 | 12 |
| 31 Mar 19 | 42 | -56 | 42 | 11 |
| 31 Dec 18 | 35 | -38 | 35 | 10 |
| 31 Dec 17 | 14 | -19 | 20 | 7 |
Quality Earnings: 2OW is currently unprofitable.
Growing Profit Margin: 2OW is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2OW is unprofitable, and losses have increased over the past 5 years at a rate of 2.2% per year.
Accelerating Growth: Unable to compare 2OW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2OW is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (-2.8%).
Return on Equity
High ROE: 2OW has a negative Return on Equity (-36.27%), as it is currently unprofitable.