NASDAQ$TELA

TELA Bio Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported revenue increase of 38% compared to the prior year period.

TELA Bio reported a revenue of $10.4 million for the second quarter of 2022, representing a 38% increase compared to the prior year period. The company's gross profit was $6.6 million, or 63% of revenue. The net loss for the quarter was $12.7 million, and the company's cash and cash equivalents totaled $27.7 million.

  • Revenue was $10.4 million, an increase of 38% compared to the prior year period.
  • Gross profit was $6.6 million, or 63% of revenue.
  • Operating expenses were $16.8 million.
  • Net loss was $12.7 million.

Headline financials

Total Revenue

$10.4M

Previous: $7.56M+37.7%
EPS (adj)

-$0.88

Previous: -$0.57-54.4%
Capital Expenditures

-$536K

Previous: -$47K-1040.4%
Free Cash Flow

-$13.3M

Previous: -$8.3M-59.9%
Net Income

-$12.7M

Previous: -$8.26M-54.3%
Operating Income

-$10.2M

Previous: -$7.31M-40.0%
Gross Profit

$6.55M

Previous: $5.09M+28.8%
Cash & Equivalents

$27.7M

Previous: $60.3M-54.0%
Total Assets

$51.3M

Previous: $73.8M-30.4%
Stock-Based Comp

$1.02M

Previous: $1.41M-27.6%

Revenue & EPS history

TELA Bio · Revenue · Quarterly

$10.4M

Q2 2022+37.7%vs Q2 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

TELA Bio expects full year 2022 revenue to range from $42 million to $45 million, reflecting growth of 43% to 53% over full year 2021.

Headwinds

  • A higher-than-expected impact from the COVID-19 pandemic in the back half of the year could materially affect this projection.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-2.5%

Avg return

Earnings day

-3.7%

Avg return

5 days after

+3.7%

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
Q1 2026-5.3%-18.6%
Q4 2025+1.7%-25.8%-12.0%
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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