Allurion Reports Third 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 third quarter ended September 30, 2024 and provided a business update.Recent Company HighlightsRevenue of $5.4 million, which includes a reduction of $1.2 million for product recalled from France during the third quarterAI product revenue in the third quarter from the Virtual Care Suite (VCS) grew by 82% versus prior year as first patients in the United States treated with GLP-1s were on-boardedLast patient in AUDACITY FDA clinical trial successfully exited, putting top-line readout on track for the end of the yearWorked collaboratively with ANSM to prepare remediation plan for France, which was submitted in August and completed in SeptemberUpdating full-year 2024 revenue guidance to between $30 million and $35 millionInitiated business restructuring which is expected to reduce operating expense
Show less
Read more
Impact Snapshot
Event Time:
ALUR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALUR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALUR alerts
High impacting Allurion Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
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