TELA Bio (NASDAQ:TELA) Announces Earnings Results, Beats Estimates By $0.01 EPS

TELA Bio (NASDAQ:TELA) issued its quarterly earnings results on Thursday. The company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.01, Zacks reports. TELA Bio had a negative net margin of 60.49% and a negative return on equity of 556.18%. TELA Bio updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

TELA Bio Price Performance

Shares of NASDAQ TELA traded down $0.02 during midday trading on Thursday, reaching $2.34. The company’s stock had a trading volume of 122,346 shares, compared to its average volume of 199,376. The company has a market cap of $92.17 million, a price-to-earnings ratio of -1.38 and a beta of 1.10. TELA Bio has a one year low of $1.75 and a one year high of $6.50. The company has a current ratio of 2.62, a quick ratio of 1.81 and a debt-to-equity ratio of 14.22. The company has a 50 day moving average price of $2.60 and a 200 day moving average price of $2.71.

About TELA Bio

TELA Bio, Inc, a commercial-stage medical technology company, focuses on providing soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's anatomy. The company provides a portfolio of OviTex Reinforced Tissue Matrix (OviTex) products for hernia repair and abdominal wall reconstruction; and OviTex PRS Reinforced Tissue Matrix products to address the unmet needs in plastic and reconstructive surgery, as well as OviTex for Laparoscopic and Robotic Procedures, a sterile reinforced tissue matrix derived from ovine rumen with polypropylene fiber intended to be used in laparoscopic and robotic-assisted hernia surgical repairs.