earnings
confidence high
sentiment positive
materiality 0.65
Treace Medical prelim Q4 rev $33.1-33.4M, FY rev $94.1-94.4M (+64-65% YoY)
TREACE MEDICAL CONCEPTS, INC.
2022-FY EPS reported
-$0.43
revenue$94,419,000
- Preliminary Q4 2021 revenue $33.1M-$33.4M (up 37-39% YoY); FY 2021 revenue $94.1M-$94.4M (up 64-65% YoY).
- Full-year revenue at high end of prior guidance range of $90M-$95M.
- Sequential Q4 revenue growth of 53-54% vs Q3 2021.
- CEO cites strength of direct sales channel, DTC, and surgeon training programs.
- Company to provide 2022 financial guidance on Q4 earnings call.