Recap: TELA Bio Q4 Earnings

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TELA Bio TELA reported its Q4 earnings results on Thursday, March 21, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

TELA Bio missed estimated earnings by -23.0%, reporting an EPS of $-0.53 versus an estimate of $-0.43.

Revenue was up $5.38 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 19.0% drop in the share price the next day.

Here's a look at TELA Bio's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.49 -0.53 -0.56 -0.55
EPS Actual -0.45 -0.46 -0.63 -0.52
Revenue Estimate 16.20M 14.40M 12.02M 13.19M
Revenue Actual 15.05M 14.49M 11.91M 11.62M

To track all earnings releases for TELA Bio visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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