Paragon 28, Inc. (FNA) has released its preliminary net revenue figures for the fourth quarter and the entire fiscal year of 2024. The company anticipates fourth-quarter net revenue to be between $71.5 million and $71.8 million, marking an increase of approximately 18 to 18.5 percent compared to the same period last year.
For the fiscal year 2024, Paragon 28 projects its net revenue to reach between $255.9 million and $256.2 million, reflecting an increase of 18.2 to 18.4 percent over the previous year.
Analyst predictions average at $69.62 million for the fourth quarter and $254.05 million for the full fiscal year of 2024.
As of now, Paragon's stock price is at $10.57, an increase of 2.17 percent on the New York Stock Exchange.
