Overview
Drug-eluting biomatrix maker's Q4 revenue rose 16% yr/yr to $3.3 mln
Net income turned positive, driven by $88 mln BioEnvelope business sale to Boston Scientific
Company repaid all outstanding debt and ended year with $44.4 mln in cash and escrowed proceeds
Outlook
Elutia anticipates FDA clearance for NXT-41 in second half of 2026
Company expects full NXT-41x clearance in first half of 2027
Result Drivers
PRODUCT MIX - Cardiovascular product sales rose, offsetting a decline in SimpliDerm sales
GROSS MARGIN IMPROVEMENT - Gross margin increased due to lower cost of goods sold
Company press release: ID:nGNXF1lsz
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Slight Miss* | $3.27 mln | $3.30 mln (1 Analyst) |
Q4 EPS | $1.48 | ||
Q4 Net Income | $70.79 mln | ||
Q4 Gross Profit | $1.91 mln | ||
Q4 Operating Expenses | $8.48 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the pharmaceuticals peer group is "buy"
Wall Street's median 12-month price target for Elutia Inc is $5.00, about 358.7% above its March 10 closing price of $1.09
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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