Allurion preliminary Q1 revenue $9.2-9.3M (+12-13% QoQ); cash burn slashed to $8-9M

ALLURION TECHNOLOGIES, INC.

2024-Q1 EPS reported $0.11 revenue$9,386,000

Revenue range $9.2-9.3M, up 12-13% vs Q4 2023.
Procedural volume (new app users) grew 22% quarter-over-quarter.
Cash burn reduced to $8-9M, down from $22M in Q4 2023; on track for ~$30M full-year target.
Full Q1 2024 results to be reported on May 14, 2024.
Company cites US Virtual Care Suite launch and first UK reimbursed procedures as catalysts.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ALLURION TECHNOLOGIES, INC. reported first quarter 2024 results: revenue $9.2 million to $9.3 million.

Period: first quarter 2024
Revenue: $9.2 million to $9.3 million
Result: preliminary results

Exact text from the filing

Management expects preliminary unaudited results for the period as follows: • Revenue in the range of $9.2 million to $9.3 million, reflecting growth of between 12%-13% over the fourth quarter of 2023

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ALLURION TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-050212

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