Allurion Reports First Quarter 2024 Financial Results and Provides Business Update
Allurion Technologies, Inc. (ALUR)
Company Research
Source: Business Wire
NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced its financial results for the first quarter ended March 31, 2024, and provided a business update.Recent Company HighlightsFirst quarter revenue of $9.4 million, an increase of 14% from the fourth quarter of 2023 and in line with preannouncement on April 30Procedural volume, as estimated through new app users, increased 12% year-over-year from the first quarter of 2023 and 22% sequentially from the fourth quarter of 2023; in line with preannouncement on April 30Cash burn of $8.4 million, down from $22 million in the fourth quarter of 2023; in line with targeted cash burn of approximately $30 million for the year and preannouncement on April 30Treated the first patient through the U.K. National Health Service (NHS) with the Allurion Balloon for pre-surgical weight lossLaunched the Virtual Care Suite (VCS) digital platform in t
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- Allurion Announces Publication of New Data Demonstrating Lean Mass Gains in Patients Experiencing 14% Weight LossBusiness Wire
- Allurion (ALUR) Unveils Positive Data for Its Balloon Therapy [Yahoo! Finance]Yahoo! Finance
- Allurion Technologies, Inc. (ALUR) Loses -38.66% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner [Yahoo! Finance]Yahoo! Finance
ALUR
Earnings
- 3/21/24 - Beat
ALUR
Sec Filings
- 6/26/24 - Form S-1
- 6/26/24 - Form 8-K
- 6/21/24 - Form POS
- ALUR's page on the SEC website