FNA - Paragon 28 reports Q2 results

2023-08-02 17:21:57 ET

• Paragon 28 press release ( NYSE: FNA ): Q2 Revenue of $51M (+20.0% Y/Y) beats by $0.89M .
• Net loss was $10.9 million for the second quarter of 2023, an increase of 13.5%, compared to a net loss of $9.6 million for the second quarter of 2022. Net loss was $20.0 million for the six months ended June 30, 2023, an increase of 5.9%, compared to net a loss of $18.8 million for the six months ended June 30, 2022.
• Adjusted EBITDA was a $2.6 million loss for the second quarter of 2023, an improvement of 17.0%, compared to a $3.2 million loss in the second quarter of 2022. Adjusted EBITDA was a $4.0 million loss for the six months ended June 30, 2023, an improvement of 37.5%, compared to a $6.5 million loss for the six months ended June 30, 2022.

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