Five fast facts worth noting:
1. Revenue growth: U.S. revenue grew 19 percent to $36.8 million, while international revenue reached $5.7 million.
2. Gross margin: Paragon 28 saw an 82 percent gross margin, up from 81.3 percent last year.
3. Operating expenses: Paragon 28’s operating expenses reached $43.9 million, up from $43 million last quarter.
4. Losses: Paragon 28 had a net loss of $9.6 million.
5. Future growth: Paragon 28 aims to reach a net revenue of $42.5 million in quarter three and $49.6 million in quarter four.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
