Establishment Labs Holdings (ESTA) Tops Q1 EPS by 14c

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Establishment Labs Reports Record First Quarter 2022 Financial Results

May 9, 2022 4:00 PM EDT

SANTA BARBARA, Calif.--(BUSINESS WIRE)-- Establishment Labs Holdings Inc. (NASDAQ: ESTA), a global medical technology company dedicated to improving womens health and wellness, principally in breast aesthetics and reconstruction, today announced its financial results for the first quarter ended March 31, 2022.

First Quarter Highlights and Outlook

Strong momentum with first quarter worldwide sales of $38.5 million, an increase of 26.8% year-over-year and a new quarterly record. Gross profit for the first quarter was 64.8% of revenue, compared to 66.2% of revenue for the same period in 2021; first... More