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TELA Bio Q2 2024 Earnings Report

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$1.08 -0.09 (-7.69%)
As of 04:00 PM Eastern

TELA Bio EPS Results

Actual EPS
-$0.51
Consensus EPS
-$0.45
Beat/Miss
Missed by -$0.06
One Year Ago EPS
-$0.46

TELA Bio Revenue Results

Actual Revenue
$16.09 million
Expected Revenue
$19.00 million
Beat/Miss
Missed by -$2.91 million
YoY Revenue Growth
N/A

TELA Bio Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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TELA Bio Earnings Headlines

Tela Bio announces U.S. launch of larger sizes of OviTex PRS
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TELA Bio Full Year 2024 Earnings: Revenues Disappoint
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About TELA Bio

TELA Bio (NASDAQ:TELA), a commercial-stage medical technology company, focuses on providing soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's anatomy. The company provides a portfolio of OviTex Reinforced Tissue Matrix (OviTex) products for hernia repair and abdominal wall reconstruction; and OviTex PRS Reinforced Tissue Matrix products to address the unmet needs in plastic and reconstructive surgery, as well as OviTex for Laparoscopic and Robotic Procedures, a sterile reinforced tissue matrix derived from ovine rumen with polypropylene fiber intended to be used in laparoscopic and robotic-assisted hernia surgical repairs. It markets its products through a single direct sales force, principally in the United States. The company was incorporated in 2012 and is headquartered in Malvern, Pennsylvania.

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