TELA Bio Inc (NAS:TELA)
$ 0.86 +0.0099 (+1.15%) Market Cap: 38.68 Mil Enterprise Value: 55.53 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 57/100

Q1 2025 TELA Bio Inc Earnings Call Transcript

May 8, 2025 / 08:30 PM GMT
Release Date Price: $0.9905 (+4.26%)

Key Points

Positve
  • TELA Bio Inc (TELA) reported a 12% year-over-year revenue growth in Q1 2025, reaching $18.5 million.
  • The company saw strong demand for its OviTex and OTex PRS products, with revenue growth of 15% and 2% respectively.
  • European business showed significant strength with a 17% growth over the first quarter of 2024.
  • TELA Bio Inc (TELA) reaffirmed its 2025 revenue expectation of $85 to $88 million, representing a growth of 23% to 27% over the full year 2024.
  • The company has successfully trained 25 new sales team members, enhancing its commercial organization and sales capabilities.
Negative
  • Gross margin decreased to 67.6% from 68.3% in the prior year period, primarily due to excess and obsolete inventory adjustments.
  • The company reported a net loss of $11.3 million in Q1 2025, compared to a $5.7 million loss in the prior year period.
  • There is a 10% tariff on products shipped from New Zealand, which is expected to negatively affect gross margin by 50 to 100 basis points.
  • PRS unit sales declined by 3% for the quarter after an unusually strong first quarter in 2024.
  • The company faces challenges with GPO bundling situations, being capped at 20% of volume share at certain hospitals.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TELA.OQ - TELA Bio Inc
Q1 2025 TELA Bio Inc Earnings Call
May 08, 2025 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon ladies and gentlemen, and welcome to the Telebio first quarter 2025 earnings conference call. At this time, all participants are in listen-only mode. Following the prepared remarks, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to turn the conference over to Louisa Smith from Gil Martin Group.

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Unidentified_2 [2]
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Thank you, Gerald, and good afternoon everyone. Earlier today, Telebio released financial results for the first quarter 2025. A copy of the press release is available on
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