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Anika Therapeutics (ANIK) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2026-02-26 18:16
Anika Therapeutics (ANIK) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to a loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1,450.00%. A quarter ago, it was expected that this medical technology company would post earnings of $0.02 per share when it actually produced earnings of $0.04, delivering a surprise of +100%.Over the last four ...
NOTV, APLT Lead After-Hours Biotech Gains; ALMS, TELA, CORT, BRTX Also Advance
RTTNews· 2025-11-18 04:33
Core Insights - Several small-cap biotech and therapeutics companies experienced significant gains in after-hours trading, driven by earnings updates, financial guidance, and regulatory developments [1] Company Summaries - Inotiv, Inc. (NOTV) saw a 36.61% increase in after-hours trading to $0.94, recovering from a 33.20% decline at the close, following preliminary Q4 revenue expectations of $137.5 million to $138.5 million and full-year revenue projections of $512.5 million to $513.5 million [2] - Applied Therapeutics, Inc. (APLT) rose 16.89% to $0.33 after a 30.19% gain at the close, with investors reacting positively to a narrower Q3 net loss of $19.0 million, or $0.13 per share, compared to a $68.6 million loss, or $0.48 per share, in the same quarter last year [3] - Alumis Inc. (ALMS) advanced 7.09% to $5.97, despite reporting a Q3 net loss of $110.8 million, wider than the $93.1 million loss in the prior year, with $2.1 million in collaboration income potentially boosting investor confidence [4] - TELA Bio, Inc. (TELA) increased 7.89% to $1.23 after a 14.08% gain at the close, reporting a reduced Q3 net loss of $8.6 million compared to $10.4 million a year earlier, with revenue growth of 9% to $20.7 million and revised 2025 guidance projecting at least 16% revenue growth over 2024 [5] - Corcept Therapeutics Inc. (CORT) gained 4.90% to $78.80, reflecting continued investor interest despite no specific news released [6] - BioRestorative Therapies, Inc. (BRTX) jumped 8.06% to $1.34, rebounding from a 6.77% decline at the close, following the announcement of a Type B meeting with the FDA to discuss a potential accelerated Biologics License Application pathway for its BRTX-100 program [7]
TELA Bio Announces Pricing of $13.0 Million Underwritten Registered Direct Offering of Common Stock and Pre-Funded Warrants
Globenewswire· 2025-11-13 21:21
Core Viewpoint - TELA Bio, Inc. has announced a registered direct offering of common stock and pre-funded warrants, aiming to raise approximately $13.0 million for various corporate purposes [1][2]. Group 1: Offering Details - The offering consists of 4,189,000 shares of common stock priced at $1.11 per share and pre-funded warrants for 7,523,000 shares at $1.1099 each [1]. - The gross proceeds from the offering are expected to be around $13.0 million, assuming no exercise of the pre-funded warrants [1]. - The offering is anticipated to close on or about November 17, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - TELA intends to utilize the net proceeds for general corporate purposes, including sales and marketing, research and development, general and administrative expenses, working capital, and capital expenditures [2]. Group 3: Company Overview - TELA Bio, Inc. is a commercial-stage medical technology company focused on innovative soft-tissue reconstruction solutions that prioritize the preservation and restoration of the patient's anatomy [5]. - The company aims to provide advanced and economically effective solutions that leverage the patient's natural healing response while minimizing long-term exposure to synthetic materials [5].
Humacyte, Inc. (HUMA) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2025-11-12 14:31
Core Insights - Humacyte, Inc. reported a quarterly loss of $0.14 per share, better than the Zacks Consensus Estimate of a loss of $0.17, and an improvement from a loss of $0.33 per share a year ago, resulting in an earnings surprise of +17.65% [1] - The company posted revenues of $0.75 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 17.71%, compared to zero revenues a year ago [2] - Humacyte's shares have declined approximately 74.7% since the beginning of the year, contrasting with the S&P 500's gain of 16.4% [3] Earnings Outlook - The earnings outlook for Humacyte will be influenced by management's commentary during the earnings call, and the current consensus EPS estimate for the upcoming quarter is -$0.17 on revenues of $1.77 million, while for the current fiscal year, it is -$0.35 on revenues of $3.51 million [4][7] - The estimate revisions trend for Humacyte was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Medical - Biomedical and Genetics industry, to which Humacyte belongs, is currently ranked in the top 34% of over 250 Zacks industries, suggesting that stocks in the top 50% of Zacks-ranked industries tend to outperform those in the bottom 50% by more than 2 to 1 [8]
Cytek Biosciences, Inc. (CTKB) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2025-11-06 01:11
Core Insights - Cytek Biosciences, Inc. reported a quarterly loss of $0.01 per share, matching the Zacks Consensus Estimate, but representing a 200% earnings surprise compared to the previous year's earnings of $0.01 per share [1] - The company generated revenues of $52.29 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 1.7% and showing a year-over-year increase from $51.5 million [2] - Cytek Biosciences shares have declined approximately 39.8% year-to-date, contrasting with the S&P 500's gain of 15.1% [3] Earnings Outlook - The future performance of Cytek Biosciences' stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.04 on revenues of $57.63 million, and for the current fiscal year, it is also $0.04 on revenues of $196.08 million [7] Industry Context - The Medical - Biomedical and Genetics industry, to which Cytek Biosciences belongs, is currently ranked in the top 40% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]
Prime Medicine, Inc. (PRME) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2025-08-07 14:11
Core Viewpoint - Prime Medicine, Inc. reported a quarterly loss of $0.41 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.36, representing an earnings surprise of -13.89% [1][2] Financial Performance - The company posted revenues of $1.12 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 59.6%, compared to zero revenues a year ago [2] - Over the last four quarters, Prime Medicine has surpassed consensus EPS estimates only once [2] Stock Performance - Prime Medicine shares have increased by approximately 39.4% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.29 on revenues of $2.59 million, and for the current fiscal year, it is -$1.30 on revenues of $7.74 million [7] - The estimate revisions trend for Prime Medicine was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Medical - Biomedical and Genetics industry, to which Prime Medicine belongs, is currently in the top 41% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8]
NeoGenomics (NEO) Meets Q2 Earnings Estimates
ZACKS· 2025-07-29 13:16
Core Viewpoint - NeoGenomics reported quarterly earnings of $0.03 per share, matching the Zacks Consensus Estimate, with revenues of $181.33 million, slightly missing expectations by 0.88% [1][2]. Financial Performance - The company achieved earnings of $0.03 per share, consistent with the previous year, and had a surprise of +100% compared to the expected loss of $0.02 per share a quarter ago [1][2]. - Revenues for the quarter were $181.33 million, up from $164.5 million year-over-year, but the company has only surpassed consensus revenue estimates once in the last four quarters [2]. Stock Performance - NeoGenomics shares have declined approximately 60.8% year-to-date, contrasting with the S&P 500's increase of 8.6% [3]. - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3]. Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $193.17 million, and for the current fiscal year, it is $0.15 on revenues of $744.87 million [7]. - The Zacks Rank for NeoGenomics is 1 (Strong Buy), indicating expectations for the stock to outperform the market in the near future [6]. Industry Context - The Medical - Biomedical and Genetics industry, to which NeoGenomics belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8].
TELA Bio Announces U.S. Commercial Launch of Larger Sizes of OviTex® PRS for Plastic and Reconstructive Surgery
Newsfilter· 2025-03-31 11:00
Core Insights - TELA Bio, Inc. has launched larger sizes of the OviTex PRS Reinforced Tissue Matrix, specifically designed for plastic and reconstructive surgery, enhancing its product offerings in the market [1][3] - The new sizes include a 25 x 30 cm oval and a 25 cm diameter circle, which may simplify complex surgical procedures by reducing the need for multiple smaller pieces [2][3] - Since its launch in 2019, TELA Bio has sold nearly 15,000 units of OviTex PRS, with a year-over-year unit sales growth of 31% in 2024, indicating strong market demand [3] Company Overview - TELA Bio, Inc. is a commercial-stage medical technology company focused on soft-tissue reconstruction solutions, aiming to optimize clinical outcomes while preserving the patient's anatomy [4] - The company emphasizes the importance of providing advanced and economically effective solutions that leverage the patient's natural healing response [4] Product Information - OviTex PRS is intended for implantation to reinforce soft tissue in patients requiring repair or reinforcement in plastic and reconstructive surgery, supplied sterile for one-time use [5]
TELA Bio(TELA) - 2024 Q4 - Earnings Call Presentation
2025-03-21 02:06
Company Overview - TELA Bio provides innovative soft-tissue reconstruction solutions prioritizing the preservation and restoration of the patient's own anatomy[4] - The company operates in a $2.6 billion US market opportunity that is still in early stages of growth[7] - The company has implanted over 65,000 OviTex Reinforced Tissue Matrix (RTM) globally[9] and approximately 15,000 OviTex PRS implants globally[10] Hernia Repair Market - The US hernia surgery market represents an approximately $1.8 billion annual opportunity[7, 12] - Robotic/MIS compatible procedures within the hernia market total over 1 million annually, representing a potential market opportunity of up to $1.2 billion[14] - 59% of surgeons agree that the use of permanent synthetic mesh puts patients at long-term risk of complications[23] OviTex Clinical Performance - BRAVO study showed a low recurrence rate of 2.6% at 24 months using OviTex in ventral hernia repair[30] - OviTex patients experienced significantly fewer complications than patients receiving other three biologics[29] - OviTex and Strattice patients had a statistically lower recurrence rate than patients receiving the other two biologics[29] Financial Performance - Q4 2024 revenue reached $17.6 million, a 4% increase over the corresponding period in 2023[59] - The company's gross margin in Q4 2024 was 64%[58] - The company had $52.7 million in cash and cash equivalents as of December 31, 2024[59]