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
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ELUT
News
- Elutia Inc. (NASDAQ: ELUT) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $10.00 price target on the stock.MarketBeat
- Elutia Announces Strong Third Quarter Results, Accelerating Toward Full Launch of EluPro® Antibiotic-Eluting BioEnvelope in 2025 [Yahoo! Finance]Yahoo! Finance
- Elutia Announces Strong Third Quarter Results, Accelerating Toward Full Launch of EluPro® Antibiotic-Eluting BioEnvelope in 2025GlobeNewswire
- Elutia to Participate at the Canaccord Genuity MedTech, Diagnostics and Digital Health & Services ForumGlobeNewswire
- What To Expect From Elutia Inc (ELUT) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
ELUT
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form SCHEDULE
- 11/14/24 - Form 8-K
- ELUT's page on the SEC website