Recap: TELA Bio Q2 Earnings

Recap: TELA Bio Q2 Earnings

 

TELA Bio TELA reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:01 PM.

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

Earnings

TELA Bio missed estimated earnings by 41.94%, reporting an EPS of $-0.88 versus an estimate of $-0.62.

Revenue was up $2.85 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 7.33% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.56 -0.55 -0.52 -0.52
EPS Actual -0.75 -0.59 -0.57 -0.57
Revenue Estimate 7.95M 7.98M 7.55M 6.31M
Revenue Actual 8.23M 8.37M 7.65M 7.56M

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.

Posted In: BZI-RecapsEarnings