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0 -0.001014509850183 -0.000235932523298457 0.000412881915772049 0.00224135897133417 0.00297746844402494 0.00483661672761586 0.00194644331721118
Stock impact report

Allurion signals sequential revenue growth into 2026 as FDA review nears completion [Seeking Alpha]

Principal Financial Group Inc (PFG) 
Last principal financial group inc earnings: 4/27 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
Shantanu Gaur, Co-Founder, CEO, President, Principal Financial & Accounting Officer and Director, highlighted recent progress with the FDA, remarking on several major milestones for the Allurion Smart Capsule PMA submission: "In July, FDA completed its acceptance and filing reviews, and Quick Insights Allurion has met major FDA milestones, restructured operations, enhanced manufacturing, and is preparing internal launch capabilities to capitalize on a potential U.S. approval. Q3 revenue decreased due to restructuring, but operating losses narrowed, cost controls intensified, and financial strength was improved through debt-for-equity exchange and new private placement financing. Emphasis on clinics using GLP-1s in combination therapy has led to sequential revenue growth in direct markets; management expects continued growth as the approach expands internationally and prepares for U.S. adoption. More Trending News Show less Read more
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