NASDAQ$TELA

TELA Bio Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported financial results, demonstrating resilience and flexibility amidst pandemic challenges.

TELA Bio reported a 6% increase in revenue to $3.5 million for Q2 2020, with a gross profit of $2.1 million, or 59% of revenue. The company's operating expenses were $7.3 million, leading to a net loss of $6.1 million. Cash and cash equivalents totaled $85.5 million at the end of the quarter.

  • Revenue increased by 6% compared to the prior year period, reaching $3.5 million.
  • Gross profit was $2.1 million, representing 59% of revenue.
  • Operating expenses increased to $7.3 million due to commercial expansion and public company costs.
  • Cash and cash equivalents totaled $85.5 million.

Headline financials

Total Revenue

$3.51M

Previous: $3.3M+6.2%
EPS (adj)

-$0.53

Previous: -$0.81+34.6%
Capital Expenditures

-$96K

No prior period
Free Cash Flow

-$6.18M

No prior period
Net Income

-$6.08M

Previous: -$5.26M-15.6%
Operating Income

-$5.17M

Previous: -$4.3M-20.1%
Gross Profit

$2.09M

Previous: $1.91M+9.3%
Cash & Equivalents

$85.5M

No prior period
Total Assets

$97.6M

No prior period

Revenue & EPS history

TELA Bio · Revenue · Quarterly

$3.51M

Q2 2020+6.2%vs Q2 2019
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Forward guidance

Due to the uncertainty caused by the COVID-19 pandemic, TELA Bio will not be providing 2020 financial guidance.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

-2.5%

Avg return

Earnings day

-3.0%

Avg return

5 days after

+3.5%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+20.2%

Q1 2024

Best reaction

-37.2%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+1.7%-9.3%
Q1 2026-5.3%-18.6%-15.7%
Q3 2025-9.3%-2.7%+3.6%
Q1 2025+7.2%-0.1%+90.7%
Q4 2024-37.2%-44.9%-59.1%
Q3 2024+2.0%+3.0%-1.7%
Q2 2024-23.9%-23.4%-35.0%
Q1 2024+20.2%+21.2%+16.7%
Q4 2023+4.0%+0.9%-13.8%
Q3 2023-20.3%-21.7%-4.5%
Q2 2023-4.8%-1.2%-2.8%
Q1 2023-3.6%-4.8%+11.2%
Q4 2022-5.5%-3.7%-11.3%
Q3 2022+13.8%+11.2%+44.7%
Q2 2022-6.5%+5.5%+0.9%
Q1 2022-5.7%-7.0%-31.4%
Q4 2021-4.8%-4.8%-20.4%
Q3 2021-3.8%-3.7%-1.7%
Q2 2021+5.0%+4.4%-8.3%
Q1 2021+3.2%+11.5%+5.9%
Q4 2020-6.6%+0.9%-1.8%
Q3 2020-3.5%-0.8%-3.6%
Q2 2020+5.4%+4.1%+20.7%
Q1 2020-2.4%-3.6%+38.6%
Q4 2019+0.6%-0.4%+34.0%
Q3 2019+13.9%+8.8%+32.6%
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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