secwatch / observer
8-K filed March 12, 2024, 7:59 PM ET ticker BTMD CIK 0001819253
earnings confidence high sentiment positive materiality 0.75

Biote Q4 revenue $45.7M (+2.7% YoY), net income $12.1M; FY adj. EBITDA $55.3M (+10.2%)

biote Corp.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

biote Corp. reported the fourth quarter ended December 31, 2023 results: revenue $45.7 million, net income $12.1 million, EPS $0.18. Guidance reaffirmed.

Period
the fourth quarter ended December 31, 2023
Revenue
$45.7 million
Net income
$12.1 million
EPS
$0.18
Guidance
reaffirmed
Result
reported results
Exact text from the filing
quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights (All financial result comparisons made are against the prior-year period) • Revenue of $45.7 million, a 2.7% increase and in line with pre-released financial guidance • Procedure revenue of $34.9 million, up 6.6% • Gross profit margin of 69.4%, a more than 400-basis point
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

biote Corp. reported the full year ended December 31, 2023 results: revenue $185.4 million, net income $(2.8) million, EPS $0.13 per diluted share. Guidance reaffirmed.

Period
the full year ended December 31, 2023
Revenue
$185.4 million
Net income
$(2.8) million
EPS
$0.13 per diluted share
Guidance
reaffirmed
Result
reported results
Exact text from the filing
financial guidance • Adjusted EBITDA margin 1 of 29.7% Full Year 2023 Financial Highlights (All financial result comparisons made are against the prior year) • Revenue of $185.4 million, a 12.4% increase • Procedure revenue of $141.0 million, up 9.3% • Gross profit margin of 68.8%, an approximately 190-basis point increase • Net loss of $(2.8) million,
View on SEC.gov

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biote Corp. filing history →

Source: SEC EDGAR
accession 0001193125-24-065961
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