TELA Bio Sees FY24 Revenue $74.5M-$76.6M Vs $75.405M Est.
Portfolio Pulse from Benzinga Newsdesk
TELA Bio has provided its revenue guidance for FY24, projecting between $74.5 million and $76.6 million, compared to the analyst estimate of $75.405 million.

August 12, 2024 | 8:32 pm
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TELA Bio has issued its revenue guidance for FY24, projecting a range of $74.5 million to $76.6 million, which is in line with the analyst estimate of $75.405 million.
The revenue guidance provided by TELA Bio is close to the analyst estimate, suggesting that the market may not react strongly to this news. The guidance range is slightly broad but does not deviate significantly from expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100