Organogenesis Holding (ORGO) Misses Q4 EPS by 1c, provides guidance

Organogenesis Holding (NASDAQ: ORGO) reported Q4 EPS of $0.00, $0.01 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $99.7 million versus the consensus estimate of $109.06 million.

GUIDANCE:

Organogenesis Holding sees FY2024 revenue of $445-470 million, versus the consensus of $455.9 million.

Net revenue from Advanced Wound Care products between $415.0 million and $435.0 million, an increase of approximately 2% to 7% year-over-year as compared to net revenue of $405.5 million for the year ended December 31, 2023.
Net revenue from Surgical & Sports Medicine products between $30.0 million and $35.0 million, an increase of approximately 9% to 27% year-over-year as compared to net revenue of $27.6 million for the year ended December 31, 2023.

Net income (loss) between ($10.6) million and $4.6 million and adjusted net income (loss) between ($8.1) million and $7.1 million.
EBITDA between $5.8 million and $25.0 million and Adjusted EBITDA between $15.8 million and $35.0 million.

For earnings history and earnings-related data on Organogenesis Holding (ORGO) click here.

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• SailPoint Technologies Holdings (SAIL) Tops Q2 EPS by 1c, Offers Guidance
• Academy Sports and Outdoor (ASO) Misses Q1 EPS by 1c ; Offers Guidance