FNA Stock - Paragon 28, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $256.18M | $216.39M | $181.38M | $147.46M | $110.98M |
| Gross Profit | $191.49M | $164.44M | $148.93M | $119.44M | $85.88M |
| Gross Margin | 74.7% | 76.0% | 82.1% | 81.0% | 77.4% |
| Operating Income | $-40,778,000 | $-45,665,000 | $-35,047,000 | $-10,775,000 | $5.63M |
| Net Income | $-54,639,000 | $-57,534,000 | $-67,326,000 | $-13,693,000 | $2.69M |
| Net Margin | -21.3% | -26.6% | -37.1% | -9.3% | 2.4% |
| EPS | $-0.66 | $-0.70 | $-0.88 | $-0.18 | $0.04 |
Paragon 28, Inc. designs, develops, distributes, and sells foot and ankle surgical systems in the United States and internationally. It offers plating systems, including gorilla plating systems, such as lisfranc, lapidus, lateral column, calcaneus slide, and naviculocuneiform (NC) fusion plating systems; baby gorilla plate-specific screws, navicular fracture plates, and 5th metatarsal hook plates; and silverback plating systems. The company also provides precision guide technology for various procedures consisting of fusion, a procedure to address bunion deformities that fuses two bones on the big toe; first tarsometatarsal arthrodesis; and metatarsal osteotomy for bunion correction, medial column beaming for charcot foot reconstruction, ankle fusion plating, and NC joint arthrodesis. In addition, it offers monster, mini monster, and joust beaming screw systems for use in bone reconstruction, osteotomy, arthrodesis, joint fusion, ligament fixation, fracture repair, and fracture fixation; and APEX 3D total ankle replacement systems; total talus spacers to replace the talus and bone in the ankle that connects the leg and foot. Further, the company provides bunion or hallux valgus correction systems, including nail systems phantom intramedullary nail systems for the treatment of severe hallux valgus; and various orthobiologics comprising bone wedges, grafts, demineralized bone matrices, bone void fillers, synthetic materials, amniotic products, and a biocompatible collagen matrix, as well as PRESERVE bone graft systems for homologous application. Additionally, it offers soft tissue fixation systems, titanium sprayed polyetheretherketone implants, nitinol staple systems, stabilization systems, and curved instruments. The company serves hospitals and ambulatory surgery centers through a network of sales representatives and stocking distributors. Paragon 28, Inc. was founded in 2010 and is headquartered in Englewood, Colorado.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| January 29th 2025 | Needham | Downgrade | Hold | - |
| January 29th 2025 | William Blair | Downgrade | Market Perform | - |
| September 29th 2023 | William Blair | Initiation | Outperform | - |
| April 11th 2023 | Stephens | Initiation | Overweight | $23 |
| December 14th 2022 | B. Riley Securities | Resumed | Buy | $32 |
Earnings History & Surprises
FNAEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2025 | May 14, 2025 | $-0.19 | $-0.18 | +5.3% | ✓ BEAT |
Q1 2025 | Mar 6, 2025 | $-0.12 | $-0.13 | -8.3% | ✗ MISS |
Q4 2024 | Nov 12, 2024 | $-0.16 | $-0.15 | +6.3% | ✓ BEAT |
Q3 2024 | Aug 8, 2024 | $-0.15 | $-0.17 | -13.3% | ✗ MISS |
Q2 2024 | May 8, 2024 | $-0.11 | $-0.18 | -63.6% | ✗ MISS |
Q1 2024 | Feb 29, 2024 | $-0.10 | $-0.19 | -90.0% | ✗ MISS |
Q4 2023 | Nov 8, 2023 | $-0.10 | $-0.10 | 0.0% | = MET |
Q3 2023 | Aug 2, 2023 | $-0.09 | $-0.13 | -44.4% | ✗ MISS |
Q2 2023 | May 4, 2023 | $-0.10 | $-0.11 | -10.0% | ✗ MISS |
Q1 2023 | Mar 2, 2023 | $-0.09 | $-0.51 | -466.7% | ✗ MISS |
Q4 2022 | Nov 10, 2022 | $-0.13 | $-0.13 | 0.0% | = MET |
Q3 2022 | Aug 3, 2022 | $-0.05 | $-0.13 | -160.0% | ✗ MISS |
Q2 2022 | May 9, 2022 | $-0.05 | $-0.12 | -140.0% | ✗ MISS |
Q1 2022 | Mar 8, 2022 | $-0.09 | $-0.07 | +22.2% | ✓ BEAT |
Q4 2021 | Nov 22, 2021 | $-0.08 | $-0.12 | -50.0% | ✗ MISS |
Q3 2021 | Sep 9, 2021 | — | $-0.01 | — | — |
Q2 2021 | Jun 30, 2021 | — | $-0.03 | — | — |
Q4 2020 | Dec 31, 2020 | — | $0.05 | — | — |
Q3 2020 | Sep 30, 2020 | — | $0.05 | — | — |
Q2 2020 | Jun 30, 2020 | — | $-0.05 | — | — |
Latest News
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