- TELA Bio published a quarterly and annual earnings release, reporting Q4 revenue of USD 20.9 million, up 18%, and FY revenue of USD 80.3 million, up 16%.
- Q4 gross profit was USD 13.8 million and gross margin was 65.9%, compared with 63.6% a year earlier, reflecting lower excess and obsolete inventory adjustments as a percentage of revenue.
- Q4 operating expenses were USD 20.4 million, up 4.23%, driven by higher compensation costs including commissions and severance, as well as higher study and professional fees.
- Q4 net loss was USD 9 million and FY net loss was USD 38.8 million.
- Management guided for FY 2026 revenue growth of at least 8% and said it closed a credit facility for up to USD 70 million, including an initial USD 60 million loan and an additional USD 10 million available subject to conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TELA Bio Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603241605PRIMZONEFULLFEED9677892) on March 24, 2026, and is solely responsible for the information contained therein.
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