earnings
confidence high
sentiment positive
materiality 0.85
TriSalus Q3 revenue up 42% to $7.3M; guides for 50%+ growth and positive EBITDA in 2025
TriSalus Life Sciences, Inc.
2024-Q3 EPS reported
-$0.91
revenue$21,170,000
- Q3 revenue $7.3M (+42% YoY); nine-month revenue $21.2M (+66% YoY). Gross margin 86%.
- Operating loss improved to $8.7M (Q3) and $28.6M (9M) from $18.6M and $40.2M in 2023.
- Net loss per share $0.12 (Q3) vs $0.14; cash $11.3M plus $25M OrbiMed facility.
- 2025 guidance: >50% revenue growth, >20% opex reduction, positive full-year EBITDA, H2 cash flow positive.
- Launched TriNav LV system and TriGuide catheter; initiated PROTECT trial for thyroid embolization ($400M market).