Allurion Technologies Inc (ALUR) Q3 2024 Earnings Call Highlights: Strategic Shifts and Revenue ... [Yahoo! Finance]
Allurion Technologies, Inc. (ALUR)
Company Research
Source: Yahoo! Finance
Allurion Technologies Inc ( NYSE:ALUR ) reported significant growth in recurring revenue from its AI-native platform, the Allurion Virtual Care Suite (VCS), with revenues growing more than 80% year over year. The company has a new commercial strategy focused on deeper penetration in select markets and a shift from direct-to-consumer to business-to-business-to-consumer marketing. Allurion Technologies Inc ( NYSE:ALUR ) is on track to gain FDA approval for the Allurion balloon, with the last patient having exited the Audacity trial and the first three modules of the premarket approval application submitted. The company has strategically streamlined its operational structure, reducing global headcount by approximately half, which is expected to result in a 50% reduction in operating expenses in 2025. Allurion Technologies Inc ( NYSE:ALUR ) has published impressive clinical data, including studies showing significant weight reduction and maintenance, validating the safety and eff
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ALUR
News
- Allurion Technologies, Inc. Announces Reverse Stock SplitBusiness Wire
- Allurion Announces NYSE Acceptance of Plan to Regain Listing Compliance [Yahoo! Finance]Yahoo! Finance
- Allurion Announces NYSE Acceptance of Plan to Regain Listing ComplianceBusiness Wire
- Allurion Launches in the US with its First AI-Native Compounded GLP-1 Program [Yahoo! Finance]Yahoo! Finance
- Allurion Launches in the US with its First AI-Native Compounded GLP-1 ProgramBusiness Wire
ALUR
Earnings
- 11/13/24 - Beat
ALUR
Sec Filings
- 12/23/24 - Form EFFECT
- 12/20/24 - Form POS
- 12/19/24 - Form 424B3
- ALUR's page on the SEC website