earnings
confidence medium
sentiment neutral
materiality 0.70
TriSalus reports 77% Q4 revenue growth but warns of late 10-K filing due to stock-comp errors
TriSalus Life Sciences, Inc.
2024-Q1 EPS reported
-$0.60
revenue$6,457,000
- Q4 revenue $5.7M (+77% YoY); full year $18.5M (+49% YoY); gross margin improved to 90% and 86%.
- Operating loss Q4 $14.1M, full year $54.2M (incl. $7.9M deSPAC costs); net loss $35.5M and $59.0M.
- Basic/diluted EPS loss Q4 $1.56, full year $6.73 (vs. $75.01/$161.55 in 2022, impacted by deSPAC).
- Will file late 10-K due to stock-based compensation errors; results are unaudited and subject to change.
- CMS granted HCPCS code for TriNav; 510k clearance for TriNav Large and TriGuide; phase 1 trials enrollment completed.