Establishment Labs Reports Record First Quarter 2021 Financial Results and Raises Full Year Guidance

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Go back to Establishment Labs Reports Record First Quarter 2021 Financial Results and Raises Full Year Guidance

Establishment Labs Holdings (ESTA) Tops Q1 EPS by 5c, Revenues Beat

May 5, 2021 8:13 AM EDT

Establishment Labs Holdings (NASDAQ: ESTA) reported Q1 EPS of ($0.29), $0.05 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $30.3 million versus the consensus estimate of $25.3 million.

First Quarter Highlights and Outlook

First quarter worldwide sales of $30.3 million, an increase of 24% year-over-year and a new quarterly record.2021 guidance increased to a new range of $118 million to $122 million, an increase of 39% to 44% over 2020; previous 2021 guidance range was $110 million to $112 million.First quarter operating expenses... More