secwatch.observer — SEC 8-K summary
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Issuer:     ALLURION TECHNOLOGIES, INC. (ALUR)
CIK:        0001964979
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0000950170-24-125959
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allurion Q3 revenue $5.4M, down 70% YoY; FY2024 guidance cut to $30-35M
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- Revenue $5.4M vs $18.2M prior year, includes $1.2M France recall charge; gross margin fell to 58% from 77%.
- Full-year 2024 revenue guidance lowered to $30-35M; expects flat procedure volume growth YoY.
- Restructuring reduces workforce & opex ~50%; $3.5M charges in Q4, targeting profitability by end of 2025.
- AI VCS revenue up 82% YoY; AUDACITY top-line readout expected by year-end after last patient exited.
- Three of four PMA modules filed for Allurion Balloon; France remediation plan completed in September.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1964979/000095017024125959/0000950170-24-125959-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1964979/000095017024125959/alur-20241113.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-125959

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer