Paragon 28 (FNA) Reports Q4 Net Loss of $6.2M

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Go back to Paragon 28 (FNA) Reports Q4 Net Loss of $6.2M

Paragon 28 Reports Fourth Quarter and Full Year 2021 Financial Results and Provides 2022 Net Revenue Guidance

March 8, 2022 4:01 PM EST

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Paragon 28, Inc. (NYSE: FNA) (Paragon 28 or P28), a leading medical device company exclusively focused on the foot and ankle orthopedic market, today reported financial results for the quarter and twelve months ended December 31, 2021.

2021 Highlights

Net revenue $42.8 million for the fourth quarter of 2021, representing 22% growth over the fourth quarter of 2020, driven by increased revenue per US surgeon and US sales force expansion, plus strong growth in South Africa and the UK Net revenue $147.5 million for the twelve months ended December 31, 2021, representing 33% growth over... More