Allurion Reports Fourth Quarter and Full Year 2023 Financial Results and Reiterates 2024 Guidance [Yahoo! Finance]
Allurion Technologies, Inc. (ALUR)
Company Research
Source: Yahoo! Finance
reported financial results for the fourth quarter and full year ended December 31, 2023, and reiterated 2024 guidance. Fourth Quarter Highlights and Outlook Reiterating 2024 guidance on procedural volume, revenue, gross margin, and cash burn Fourth quarter revenue of $8.2 million and full year 2023 revenue of $53.5 million, consistent with preannouncement on January 8 Procedural volume, as estimated through new app users, increased by 30% over 2022, reflecting robust demand for the Allurion Program Completed 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 awareness of the Allurion Program Treated the first patients with the Allurion Balloon who were fully reimbursed by
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ALUR
News
- Allurion Announces Three Scientific Presentations at IFSO-European Chapter 2024, Including First-Ever 3-Year Weight Maintenance SurveyBusiness Wire
- Allurion Announces Preliminary First Quarter 2024 ResultsBusiness Wire
- Allurion Closes $48 Million Convertible Senior Secured Note Financing with RTW Investments [Yahoo! Finance]Yahoo! Finance
- Allurion Closes $48 Million Convertible Senior Secured Note Financing with RTW InvestmentsBusiness Wire
- Allurion Expands Virtual Care Suite to the United States [Yahoo! Finance]Yahoo! Finance
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