NASDAQ$ESTA

Establishment Labs Holdings Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Announced third quarter financial results and raised full year guidance.

Establishment Labs reported a 27.6% increase in worldwide sales for the third quarter, reaching $29.0 million. The company has raised its full year 2021 revenue guidance to a range of $124 million to $128 million.

  • Third quarter worldwide sales of $29.0 million, an increase of 27.6% year-over-year.
  • 2021 guidance increased to a new range of $124 million to $128 million, an increase of 46% to 51% over 2020.
  • Gross profit for the third quarter was 67.6% of revenue, compared to 66.6% of revenue for the same period in 2020.
  • Cash balance of $64.6 million as of September 30, 2021.

Headline financials

Total Revenue

$29M

Previous: $22.8M+27.6%
EPS (adj)

-$0.61

Previous: -$0.18-238.9%
Gross Margin

67.6%

No prior period
Capital Expenditures

-$2.67M

Previous: -$2.14M-24.9%
Free Cash Flow

-$17.3M

Previous: -$6.38M-171.7%
Net Income

-$14.7M

Previous: -$4.25M-245.6%
Operating Income

-$9.04M

Previous: -$2.59M-249.1%
Gross Profit

$19.6M

Previous: $15.1M+29.5%
Cash & Equivalents

$64.6M

Previous: $81.4M-20.6%
Total Assets

$148M

Previous: $155M-4.1%
Stock-Based Comp

$3.06M

Previous: $1.35M+127.3%

Revenue & EPS history

Establishment Labs · Revenue · Quarterly

$29M

Q3 2021+27.6%vs Q3 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

Establishment Labs raised its full year 2021 revenue guidance to a range of $124 million to $128 million, an increase of 46% to 51% over 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+1.5%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+2.4%

Avg return

30 days after

56%

18 / 32 earnings

Positive

+22.5%

Q3 2025

Best reaction

-26.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-4.3%+2.9%
Q4 2025-1.9%+5.0%-20.1%
Q3 2025+22.5%+37.0%+43.2%
Q1 2025+4.9%+5.1%+14.2%
Q4 2024+17.9%+28.1%+12.1%
Q3 2024-5.2%-13.2%-10.0%
Q2 2024+3.4%+20.6%+23.5%
Q1 2024+5.4%+4.2%-10.8%
Q4 2023+15.1%+19.6%+28.2%
Q3 2023-26.0%-36.1%-31.7%
Q2 2023-8.4%-12.0%-12.2%
Q1 2023+1.8%-1.6%-1.9%
Q4 2022+7.2%+10.3%+0.3%
Q3 2022-7.7%+11.1%+27.1%
Q2 2022-3.0%+1.3%-0.4%
Q1 2022-10.5%-10.1%+2.3%
Q4 2021+3.3%+1.6%+11.5%
Q3 2021-10.6%-14.3%-15.2%
Q2 2021+6.0%-3.7%-3.1%
Q1 2021-0.6%-1.8%+8.9%
Q4 2020+0.4%-6.8%+9.5%
Q3 2020+8.9%-0.4%+22.6%
Q2 2020+6.2%+7.3%+9.3%
Q1 2020+2.9%+0.5%+15.3%
Q4 2019+4.5%-16.4%+0.4%
Q3 2019-0.3%+0.5%+7.8%
Q2 2019-5.2%-10.6%-10.2%
Q1 2019+1.5%-0.3%-15.9%
Q4 2018-1.9%-4.9%-15.2%
Q3 2017+10.3%+4.5%-6.2%
Q3 2018+10.3%+4.5%-6.2%
Q2 2018-2.7%-2.9%-3.4%
Q4 2017
Q2 2017
Q1 2017

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