NASDAQ$SRTA

Strata Critical Medical Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported revenue increase and margin enhancement driven by medical segment.

Blade Air Mobility reported a 24.5% increase in revenue to $47.5 million for Q4 2023, driven by strong growth in the MediMobility Organ Transport business. The net loss increased to $(33.9) million, primarily due to an impairment charge. Adjusted EBITDA improved to $(5.2) million.

  • Revenue increased by 24.5% year-over-year to $47.5 million.
  • Net loss increased to $(33.9) million due to an impairment charge.
  • Adjusted EBITDA improved to $(5.2) million.
  • Flight Profit increased 65.7% to $9.0 million.

Headline financials

Total Revenue

$47.5M

Previous: $38.1M+24.5%
EPS (adj)

-$0.46

Previous: -$0.21-119.0%
Adjusted EBITDA

-$5.25M

Previous: -$7.96M+34.0%
Capital Expenditures

-$24K

Previous: $11K-318.2%
Net Income

-$33.9M

Previous: -$15.4M-120.2%
Operating Income

-$35.6M

Previous: -$19.7M-81.1%
Gross Profit

$9.01M

Previous: $4.98M+81.1%
R&D Expense

$988K

No prior period
Stock-Based Comp

$3.15M

Previous: $2.65M+19.0%

Revenue & EPS history

Strata Critical Medical · Revenue · Quarterly

$47.5M

Q4 2023+24.5%vs Q4 2022
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Forward guidance

The company expects revenue of $240 million to $250 million and positive Adjusted EBITDA for the full year 2024. For the full year 2025, they expect double-digit year-over-year revenue growth and double-digit Adjusted EBITDA.

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 Q4 2023

Historical avgQ4 2023

+3.4%

Avg return

Earnings day

+2.8%

Avg return

5 days after

+5.7%

Avg return

30 days after

54%

13 / 24 earnings

Positive

+38.8%

Q3 2023

Best reaction

-32.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.6%+17.2%+19.7%
Q4 2025+6.9%+1.1%-7.6%
Q3 2025+9.5%+8.1%+4.3%
Q1 2025+18.7%+20.5%+41.4%
Q4 2024+7.1%+8.1%-4.9%
Q3 2024-4.4%-17.5%+8.9%
Q2 2024+17.3%+3.6%+2.9%
Q1 2024-3.3%-3.3%-16.0%
Q4 2023-32.1%-32.3%-3.5%
Q3 2023+38.8%+44.5%+44.5%
Q2 2023-7.9%-6.7%-24.3%
Q1 2023+9.4%+2.8%+28.1%
Q4 2022-9.7%-22.3%-32.0%
Q3 2022-2.3%-0.2%+3.4%
Q2 2022+8.0%+6.9%-17.5%
Q1 2022-15.0%+0.9%-2.3%
Q4 2021-3.2%+5.2%-2.0%
Q3 2021+0.3%+2.1%+41.4%
Q2 2021+18.0%+16.4%+58.7%
Q1 2021+13.7%+11.8%-11.8%
Q4 2020-0.1%-0.1%+3.1%
Q2 2020+0.0%-0.2%-0.1%
Q1 2020+1.0%+1.0%+1.3%
Q4 2019-0.2%-0.3%+0.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro