TELA Bio, Inc. (TELA) Tops Q4 EPS by 1c, Offers Guidance

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Go back to TELA Bio, Inc. (TELA) Tops Q4 EPS by 1c, Offers Guidance

TELA Bio Reports Fourth Quarter and Full Year 2022 Financial Results

March 21, 2023 4:02 PM EDT

MALVERN, Pa., March 21, 2023 (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 fourth quarter and full year ended December 31, 2022.

Recent Highlights

Reported revenue of $11.6 million for the fourth quarter and $41.4 million for the full year 2022, representing growth of 39% and 41%, respectively, over the corresponding periods of 2021;Increased demand for OviTex® and OviTex PRS Reinforced Tissue Matrix products during the full year... More