Allurion Reports Fourth Quarter and Full Year 2023 Financial Results and Reiterates 2024 Guidance
Allurion Technologies, Inc. (ALUR)
Company Research
Source: Business Wire
NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion”), a company dedicated to ending obesity, today reported financial results for the fourth quarter and full year ended December 31, 2023, and reiterated 2024 guidance.Fourth Quarter Highlights and OutlookReiterating 2024 guidance on procedural volume, revenue, gross margin, and cash burnFourth quarter revenue of $8.2 million and full year 2023 revenue of $53.5 million, consistent with preannouncement on January 8Procedural volume, as estimated through new app users, increased by 30% over 2022, reflecting robust demand for the Allurion ProgramCompleted enrollment in the AUDACITY pivotal trial ahead of schedule, a critical milestone for the premarket approval (PMA) application for the Allurion Balloon to the U.S. Food and Drug Administration (FDA)Conducted research on 172 healthcare professionals and 1,663 patients that demonstrated a positive impact of GLP-1s and other anti-obesity medications on the
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ALUR
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ALUR
Earnings
- 3/21/24 - Beat
ALUR
Sec Filings
- 5/7/24 - Form 4
- 5/6/24 - Form 4
- 4/30/24 - Form 8-K
- ALUR's page on the SEC website