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.
Earnings
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.
Past Earnings Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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