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0 0 0.157046281851274 0.196047841913677 0.149245969838794 0.092563702548102 0.111804472178887 0.136245449817993
Stock impact report

Establishment Labs Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Guidance

Establishment Labs Holdings Inc. - Common Shares (ESTA) 
Last establishment labs holdings inc. - common shares earnings: 11/12 07:00 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Establishment Labs Holdings Inc. (NASDAQ: ESTA), a global medical technology company dedicated to improving women’s health and wellness, principally in breast aesthetics and reconstruction, today announced financial results for the fourth quarter and full year ended December 31, 2023 and provided 2024 guidance.Fourth Quarter Highlights and Outlook2024 revenue guidance of $174 million to $184 million, an increase of 5% to 11% over 2023. Guidance does not include revenue from Motiva Implants® in the United States, which is expected in 2024.Fourth quarter revenue of $31.6 million, consistent with preannouncement on January 9.Fourth quarter net loss from operations of $22.1 million compared to a net loss of $13.2 million in the year-ago period.Proforma cash balance of $90 million after $50 million private placement on January 9.Positive amendment to Oaktree credit facility on February 22 with access to up to $50 million after FDA approval.Launched Motiva Imp Show less Read more
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