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. (NYSE: ALUR) was downgraded by analysts at Chardan Capital from a "buy" rating to a "neutral" rating.MarketBeat
- Allurion Reports Third Quarter 2024 Financial Results and Provides Business UpdateBusiness Wire
- Allurion Presents Data From Largest Ever Real-World Experience of 19,428 Patients at The Obesity Society's Annual Conference [Yahoo! Finance]Yahoo! Finance
- Allurion Presents Data From Largest Ever Real-World Experience of 19,428 Patients at The Obesity Society’s Annual ConferenceBusiness Wire
- Allurion to Report Third Quarter 2024 Financial Results on November 13, 2024Business Wire
ALUR
Earnings
- 11/13/24 - Beat
ALUR
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/14/24 - Form 424B3
- ALUR's page on the SEC website