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.
Earnings
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.
Past Earnings Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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