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TELA Bio TELA reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
TELA Bio missed estimated earnings by 41.94%, reporting an EPS of $-0.88 versus an estimate of $-0.62.
Revenue was up $2.85 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.19 which was followed by a 7.33% drop in the share price the next day.
Here’s a look at TELA Bio’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.56 | -0.55 | -0.52 | -0.52 |
| EPS Actual | -0.75 | -0.59 | -0.57 | -0.57 |
| Revenue Estimate | 7.95M | 7.98M | 7.55M | 6.31M |
| Revenue Actual | 8.23M | 8.37M | 7.65M | 7.56M |
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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Image and article originally from www.benzinga.com. Read the original article here.