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Shoulder Innovations (SI) Stock Rose 21% After-Hours: Here's Why - Shoulder Innovations (NYSE:SI)

Third-quarter revenue rose 58% to $11.8 million, with sales of implant systems up 53%, prompting a raised 2025 revenue forecast to $45-$46 million, projecting 42%-45% growth.

  • On Tuesday, Shoulder Innovations Inc. shares climbed 21.04% to $13.75 in after-hours trading after the company released third-quarter results and raised its full-year revenue outlook.
  • The company reported $11.8 million in third-quarter revenue, a 58% increase, and sold 1,584 implant systems with a gross margin of 76.2%.
  • Despite revenue gains, costs rose as selling, general, and administrative expenses increased 78% to $15.1 million, and operating loss widened to $46 million, with net loss at $8.7 million.
  • Management will host a conference call on November 11, 2025 at 4:30 p.m. ET, and the company held $137 million in cash, cash equivalents and marketable securities as of Sept. 30.
  • CEO Rob Ball said the company sees substantial opportunities within a $2.8 billion addressable global market, while the press release cautioned that forward-looking statements and risk factors are not guarantees and emphasized Adjusted EBITDA as supplemental.
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Journal Gazette & Times-CourierJournal Gazette & Times-Courier
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Shoulder Innovations Reports Third Quarter 2025 Financial Results and Increases Full-Year Revenue Guidance

GRAND RAPIDS, Mich., Nov. 11, 2025 /PRNewswire/ -- Shoulder Innovations, Inc. (Shoulder Innovations, or the company) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today reported financial results for the third quarter…

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Journal Gazette & Times-Courier broke the news in on Tuesday, November 11, 2025.
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