TELA Bio, Inc. (TELA) Misses Q2 EPS by 28c

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Go back to TELA Bio, Inc. (TELA) Misses Q2 EPS by 28c

TELA Bio Reports Second Quarter 2022 Financial Results

August 10, 2022 4:01 PM EDT

MALVERN, Pa., Aug. 10, 2022 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio"), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's own anatomy, today reported financial results for the second quarter ended June 30, 2022.

Recent Highlights

Reported revenue of $10.4 million for the second quarter, representing growth of 38% over the corresponding period of 2021;Increased demand for OviTex® and OviTex PRS Reinforced Tissue Matrix products in the second quarter of 2022, resulting in a year-over-year revenue increase for each product of... More