Treace Medical Q3 revenue slightly beats estimates, helped by greater market penetration

Treace Medical Concepts

06/11/2025 22:06

Overview

Treace Medical Q3 revenue grows 11% yr/yr, slightly beating analyst expectations

The bunion correction implants maker reports Q3 net loss of $16.3 mln, adjusted EBITDA improves by 49%

Treace revises full-year 2025 revenue guidance downward due to shifting surgeon preferences

Outlook

Treace revises 2025 revenue guidance to $211 mln-$213 mln, down from $224 mln-$230 mln

Company expects 2025 Adjusted EBITDA loss of $6.5 mln-$7.5 mln, previously breakeven

Treace cites lower Lapiplasty sales due to surgeon preference shift and macroeconomic factors

Result Drivers

MARKET PENETRATION - Revenue growth driven by greater market penetration and expanded portfolio of solutions, per CEO John T. Treace

MINIMALLY INVASIVE SHIFT - Lapiplasty volumes impacted by shift in surgeon and patient preferences towards minimally invasive solutions, per CEO John T. Treace

MACROECONOMIC HEADWINDS - Broader macroeconomic conditions and softer consumer sentiment leading to deferrals of elective bunion procedures, per CEO John T. Treace

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$50.21 mln
$49.73 mln (6 Analysts)
Q3 EPS
-$0.26
Q3 Gross Margin
79.10%
Q3 Gross Profit
$39.71 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

Wall Street's median 12-month price target for Treace Medical Concepts Inc is $7.00, about 10.7% above its November 5 closing price of $6.25

Press Release: ID:nGNX3pHpcM

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)