Welcome to our dedicated page for Establishment Labs Holdings news (Ticker: ESTA), a resource for investors and traders seeking the latest updates and insights on Establishment Labs Holdings stock.
Establishment Labs Holdings Inc. develops and markets medical technology for women’s health, principally breast aesthetics and reconstruction. The company’s recurring news covers Motiva implants and related minimally invasive platform activity, global product adoption, U.S. and outside-the-U.S. commercialization, and sales channels serving distributors, physicians, hospitals, and clinics.
Updates also include quarterly and annual financial results, revenue guidance, operating expense leverage, adjusted EBITDA commentary, credit-facility refinancing, leadership changes, and health care conference participation. Product and market updates commonly center on the Motiva portfolio, silicone-filled breast and body-shaping implants, and expansion across Europe, Latin America, Asia-Pacific/Middle East, and other markets.
Establishment Labs Holdings Inc. (NASDAQ: ESTA) will announce its financial results for Q2 2022 on August 8, 2022, after market close. A conference call will be held at 4:30 PM ET to discuss these results. The company specializes in women's health, focusing on breast aesthetics and reconstruction, and has delivered over 2 million Motiva Implants since its launch in 2010. Their implants are known for advanced features that aim to enhance aesthetic and clinical outcomes.
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Establishment Labs Holdings Inc. (NASDAQ: ESTA) announced that its CEO, Juan José Chacón-Quirós, and CFO, Raj Denhoy will present at the Jefferies Healthcare Conference on June 8, 2022, at 10:30 am Eastern Time. A live webcast will be available on the company's investor relations website, with an archived version accessible afterward. Founded to enhance women's health, Establishment Labs specializes in breast aesthetics and reconstruction, offering innovative products like Motiva Implants®, with 2 million units distributed globally since 2010.
Establishment Labs Holdings Inc. (NASDAQ: ESTA) reported strong first-quarter 2022 results, with revenue of $38.5 million, a 26.8% year-over-year increase. Despite reaching a record high in sales, gross profit margin declined to 64.8% due to higher inventory reserves. Operating expenses surged 37.5% to $30.5 million, contributing to a net loss of $5.6 million, up from $2.1 million the previous year. The company maintains its revenue guidance of $155 million to $165 million for 2022, reflecting an ambitious growth outlook.
Establishment Labs Holdings Inc. (NASDAQ: ESTA) will announce its financial results for Q1 2022 on May 9, 2022, after market close. A conference call to discuss these results will follow at 4:30 pm ET. Established in 2010, Establishment Labs focuses on improving women’s health, particularly in breast aesthetics and reconstruction, offering Motiva Implants® and related products. More than 2 million Motiva Implants® have been delivered globally. For further details, visit www.establishmentlabs.com.
Establishment Labs has secured a senior secured term loan facility of up to $225 million from Oaktree Capital Management, with an initial draw of $150 million. The funding aims to enhance the company's cash flow and support its expansion in the breast aesthetics market, including upcoming product launches in the United States and China. The loan matures in five years with an interest rate starting at 9.00% per annum, reducing to 8.25% upon meeting certain milestones.
Establishment Labs Holdings Inc. (NASDAQ: ESTA) presented interim data from its Motiva US IDE Study at The Aesthetic Meeting 2022 in San Diego. This includes two-year follow-up data for 451 primary augmentation patients, showing a 94.9% compliance rate. Notable findings include low complication rates, with capsular contracture at 0.5% and rupture at 0.3%. Dr. Caroline Glicksman emphasized the significance of these preliminary results, contributing to the clinical understanding of Motiva Implants. The Motiva device remains investigational and not yet FDA-approved for commercial use in the U.S.
Establishment Labs Holdings Inc. (NASDAQ: ESTA) announced its participation in The Aesthetic Meeting 2022 from April 20-24 in San Diego, California. Dr. Caroline Glicksman will present an update on the Motiva US Core Clinical Study on April 21 at 3:50pm PT. The company will also host an event honoring Dr. Brian Kinney's contributions to plastic surgery and women's health. Established in 2010, Establishment Labs specializes in breast aesthetics and reconstruction, delivering approximately 2.0 million Motiva Implants in over 80 countries.
Establishment Labs Holdings Inc. (NASDAQ: ESTA), a leader in women's health technology, announced that CEO Juan José Chacón-Quirós and CFO Raj Denhoy will present at the Cowen 42nd Annual Health Care Conference on March 7, 2022, at 2:10 PM Eastern Time. A live webcast of the presentation can be accessed on the Establishment Labs investor relations website, with an archived version available afterward. The company specializes in breast aesthetics, offering Motiva Implants® and related products that have been delivered to over 80 countries.
Establishment Labs Holdings Inc. (NASDAQ: ESTA) reported fourth-quarter 2021 revenue of $35.3 million, up 31% year-over-year, achieving a new quarterly record. The full-year revenue totaled $126.7 million, a 50% increase. Fourth-quarter gross profit was 68.6% of revenue, significantly higher than 54.3%% in 2020. For 2022, the company projects revenue of $155 million to $165 million, reflecting a 22% to 30% growth. However, operating expenses increased by 48.2% to $33.6 million.