Recap: TELA Bio Q1 Earnings

TELA Bio TELA reported its Q1 earnings results on Thursday, May 11, 2023 at 04:02 PM.

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

TELA Bio missed estimated earnings by 12.5%, reporting an EPS of $-0.63 versus an estimate of $-0.56.

Revenue was up $3.68 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 5.91% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.55	-0.63	-0.62	-0.56
EPS Actual	-0.52	-0.64	-0.88	-0.75
Revenue Estimate	13.19M	10.86M	10.12M	7.95M
Revenue Actual	11.62M	11.16M	10.41M	8.23M

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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