Elutia: Q3 Earnings Insights

Elutia ELUT reported its Q3 earnings results on Monday, November 13, 2023 at 04:05 PM.

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

Earnings

Elutia beat estimated earnings by 7.41%, reporting an EPS of $-0.5 versus an estimate of $-0.54.

Revenue was down $6.26 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.36 which was followed by a 6.72% increase in the share price the next day.

Here's a look at Elutia's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.29 -0.54 -0.69 -0.66
EPS Actual -0.65 -0.49 -0.38 -0.73
Revenue Estimate 12.50M 13.70M 12.55M 12.37M
Revenue Actual 10.30M 13.05M 12.66M 12.39M

To track all earnings releases for Elutia visit their earnings calendar here.

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

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