Financial PerformanceShoulder Innovations reported revenue of $11.8 million, a 56.7% year-over-year increase, driven by substantial volume growth of approximately 53%.
Product InnovationSI launched new products like the I-70 Humeral Stem and plans further product releases, which are expected to drive average selling prices higher.
Revenue GuidanceThe company has raised its FY25 revenue guidance to $45M - $46M, which is ahead of the Street's expectation of $43.2M.