Tela Bio Inc Reports Results For The Quarter Ended In June: Earnings Summary

TELA Bio

10/08/2022 22:03

* TELA Bio Inc  TELA.OQ  reported a quarterly adjusted loss
of 79
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 62 cents per share.
    * Revenue rose 37.1% to $10.41 million from a year ago;
analysts
expected $10.12 million. 
    * TELA Bio Inc's reported EPS for the quarter was a loss
of 88
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * TELA Bio Inc shares had risen by 23.7% this quarter and
lost 32.3% so far this year.
    * The company reported a quarterly loss of $12.74 million.
    * Wall Street's median 12-month price target for TELA Bio
Inc is
$20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.62          -0.79          Missed
 Mar. 31 2022      -0.56          -0.75          Missed
 Dec. 31 2021      -0.55          -0.59          Missed
 Sep. 30 2021      -0.52          -0.57          Missed