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TELA Bio(TELA) - 2023 Q4 - Annual Results
TELATELA Bio(TELA)2024-03-21 20:15

Fourth Quarter 2023 Financial Results Revenue was 17.0millioninthefourthquarterof2023,anincreaseof4617.0 million in the fourth quarter of 2023, an increase of 46% compared to the same period in 2022. The increase was due to an increase in unit sales of our products and the continued expansion of the commercial organization, which resulted in increased penetration of existing customer accounts, the addition of new customers, and growing international sales. Gross profit was 11.6 million in the fourth quarter of 2023, or 68% of revenue, compared to $8.2 mi ...