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Allurion Reports Fourth Quarter and Full-Year 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 fourth quarter and full year ended December 31, 2024 and provided a business update.Recent Company Highlights and OutlookReported initial data on the combination of the Allurion Program with low-dose GLP-1s showing optimization of muscle mass and GLP-1 adherence and announced plans to perform additional prospective studies on the combination approachFourth quarter 2024 revenue of $5.6 million and full year revenue of $32.1 million, consistent with preannouncement on January 14, 2025Fourth quarter 2024 operating expenses of $19.6 million, a decrease of 39% compared to the same period in the prior year, and included one-time restructuring charges of $3.8 millionFull-year 2024 procedure volume growth of 4%, above previously issued guidance, despite the reduction in operating expenses compared to pr Show less Read more
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