Overview
Oncology company's Q4 revenue rose 60% yr/yr, beating analyst expectations
Company reaffirmed 2026 revenue guidance of $60-62 mln
Company raised $46 mln in gross proceeds from recent public offering
Outlook
TriSalus reaffirms 2026 revenue guidance of $60-62 mln
Company plans to expand sales and commercial organizations in 2026
Company to invest in clinical studies to demonstrate PEDD value
Result Drivers
TRINAV SALES - Revenue growth driven by increased TriNav unit sales within liver applications
EXPANDED PRODUCT SUITE - Expansion of TriNav platform across multiple indications beyond the liver
Company press release: ID:nBw8BjsZKa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$13.21 mln
$12.76 mln (5 Analysts)
Q4 Gross Profit
$11.44 mln
Q4 Income from Operations
-$3.27 mln
Q4 Pretax Profit
-$9.75 mln
Analyst Coverage
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"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for TriSalus Life Sciences Inc is $12.00, about 140% above its March 4 closing price of $5.00
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)