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.

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.

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