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-0.0704960835509138 -0.0704960835509138 -0.0704960835509138 0.0134725848563969 -0.010443864229765 -0.0665796344647519 -0.0469973890339425 -0.0835509138381201
Stock impact report

Elutia Inc (ELUT) Q3 2024 Earnings Call Highlights: Strategic Growth Amid Revenue Challenges [Yahoo! Finance]

Elutia, Inc. - Class A (ELUT) 
Company Research Source: Yahoo! Finance
Adjusted Gross Margin: Increased to 61% from 60% a year ago. Bioenvelope Business Gross Margin: 68% for EluPro and CanGaroo. SimpliDerm Gross Margin: Operating Expenses: Increased to $13 million from $10 million, primarily due to noncash stock-based compensation. Net Income: Positive $1.3 million, influenced by noncash gain from warrant revaluation. Adjusted EBITDA: Loss of $2.9 million, up from $1.7 million loss a year ago. Cash Position: $25.7 million at the end of the quarter, bolstered by $13.8 million from warrant exercises. Warning! GuruFocus has detected 6 Warning Signs with ELUT. Release Date: November 14, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Elutia Inc ( NASDAQ:ELUT ) successfully launched its EluPro product line, marking a significant milestone with the first implant in September 2024. The SimpliDerm product line in breast reconstruction showed a 19% growth this quarter, indicating str Show less Read more
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