Shoulder Innovations Raises 2026 Outlook as Q3 Revenue Grows 38%
Shoulder Innovations reported third-quarter 2026 revenue of $16.2 million, up 38% year over year, and a gross margin of 78.5%. Net loss was $7.0 million, while Adjusted EBITDA loss narrowed to $5.5 million. The company raised its full-year revenue outlook to $68 million to $70 million.Financial Hig…
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10:13:33 PM UTC
SquawkNews
Shoulder Innovations’ third-quarter revenue rose 37.7% year over year as more implant systems were sold and customer numbers increased. Net loss narrowed, reflecting higher gross profit and net interest income, partly offset by increased commercial and research and development spending.Financial Hi…