Paragon 28 Expects Rise In Q4, FY24 Revenue

(RTTNews) - Paragon 28, Inc. (FNA), Monday reported preliminary net revenue for the fourth quarter and full year 2024.

The company expects net revenue of of $71.5 to $71.8 million for the fourth quarter, up 18-18.5 percent than previous year.

Meanwhile, net revenue for the fiscal year 2024 is expected to be $255.9 to $256.2 million, up 18.2-18.4 percent than last year.

On average, analysts forecast revenue of $69.62 million for the fourth quarter, and $254.05 million for the full year 2024.

Currently, Paragon's stock is trading at $10.57, up 2.17 percent on the New York Stock Exchange.