Recap: Elutia Q4 Earnings

Elutia ELUT reported its Q4 earnings results on Thursday, March 7, 2024 at 04:05 PM.

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

Elutia missed estimated earnings by -136.0%, reporting an EPS of $-0.66 versus an estimate of $-0.28.

Revenue was down $6.79 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 12.0% increase in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.54	-0.29	-0.54	-0.69
EPS Actual	-0.50	-0.65	-0.49	-0.38
Revenue Estimate	7.30M	12.50M	13.70M	12.55M
Revenue Actual	6.13M	10.30M	13.05M	12.66M

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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