Elutia Inc. (ELUT)

NASDAQ: ELUT · Real-Time Price · USD
4.840
+1.310 (37.11%)
At close: Dec 20, 2024, 4:00 PM
4.870
+0.030 (0.62%)
After-hours: Dec 20, 2024, 7:11 PM EST
37.11%
Market Cap 167.28M
Revenue (ttm) 24.78M
Net Income (ttm) -54.20M
Shares Out 34.56M
EPS (ttm) -2.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 165,525
Open 3.520
Previous Close 3.530
Day's Range 3.490 - 4.840
52-Week Range 1.960 - 5.240
Beta 0.86
Analysts Strong Buy
Price Target 10.00 (+106.61%)
Earnings Date Nov 14, 2024

About ELUT

Elutia Inc., a commercial-stage company, develops and commercializes drug-eluting biologics products for neurostimulation, wound care, and breast reconstruction in the United States. The company operates in three segments: Device Protection; Women’s Health; and Cardiovascular. It offers CanGaroo Envelope, which is used to accommodate cardiac implantable electronic devices, such as pacemakers and internal defibrillators. The company also develops CanGarooRM, a combination of the CanGaroo envelope with antibiotics, to reduce the risk of infection... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Oct 8, 2020
Employees 54
Stock Exchange NASDAQ
Ticker Symbol ELUT
Full Company Profile

Financial Performance

In 2023, Elutia's revenue was $24.75 million, an increase of 3.76% compared to the previous year's $23.85 million. Losses were -$37.66 million, 14.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ELUT stock is "Strong Buy." The 12-month stock price forecast is $10.0, which is an increase of 106.61% from the latest price.

Price Target
$10.0
(106.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Elutia Inc. (ELUT) Q3 2024 Earnings Call Transcript

Elutia Inc. (NASDAQ:ELUT) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Matt Steinberg – FINN Partners Randy Mills – Chief Executive Officer Matt Ferguson – Chief...

5 weeks ago - Seeking Alpha

Elutia to Present at the LD Micro Main Event XVII Conference on Wednesday, October 30

SILVER SPRING, Md., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a leader in drug-eluting biomatrix products, today announced that Dr. Randy Mills, President and Chief Exec...

2 months ago - GlobeNewsWire

Elutia Announces New Peer Reviewed Publication Highlighting the Robustness of EluPro™, Company's Antibiotic-Eluting BioEnvelope for Implantable Devices

EluPro eradicated bacteria commonly associated with cardiac implant-related infections in an established preclinical infection model

3 months ago - GlobeNewsWire

Elutia Celebrates First Year

Company Thanks Stakeholders and Employees for a Year of Remarkable Growth and Accomplishment SILVER SPRING, Md., Sept. 06, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a pioneer in ...

3 months ago - GlobeNewsWire

Elutia Announces First Patient Implant of EluPro™, the World's First Drug-Eluting BioEnvelope for Cardiac Pacemakers and Neurostimulators

SILVER SPRING, Md., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a pioneer in drug-eluting biomatrix products, today announced a landmark achievement with the first-ever p...

3 months ago - GlobeNewsWire

Elutia to Participate in Upcoming Investor Conferences

SILVER SPRING, Md., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a pioneer in drug-eluting biomatrix products, today announced that Dr. Randy Mills, President and Chief Ex...

3 months ago - GlobeNewsWire

Presenting on the Emerging Growth Conference 74 Day 1 on August 21 Register Now

MIAMI, Aug. 20, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 74th Emerging Growth Conference on August 21 – 22, 2024.

4 months ago - GlobeNewsWire

Elutia Inc. (ELUT) Q2 2024 Earnings Call Transcript

Elutia Inc. (NASDAQ:ELUT) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Matt Steinberg - Finn Partners, IR Randy Mills - President and CEO Matt Ferguson - Chief Fina...

4 months ago - Seeking Alpha

Elutia Appoints Ryan Marques, Ph.D., MBA as Vice President of Operations

SILVER SPRING, Md., July 31, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a pioneer in drug-eluting biomatrix products, today announced the appointment of Ryan Marques, Ph.D, MBA as...

5 months ago - GlobeNewsWire

Elutia to Present at the Emerging Growth Conference on Thursday, July 18

SILVER SPRING, Md., July 11, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a pioneer in drug-eluting biomatrix products, today announced that Dr. Randy Mills, President and Chief Exe...

5 months ago - GlobeNewsWire

Elutia Announces $13.26 Million Registered Direct Offering

SILVER SPRING, Md., June 17, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia” or the “Company”) today announced it has entered into a definitive agreement with investors for the purchase ...

6 months ago - GlobeNewsWire

Elutia Announces FDA Clearance of EluPro®: The First Antibiotic-Eluting BioEnvelope Designed to Protect Patients with Implantable Cardiac Pacemakers and Defibrillators

EluPro becomes the only drug-eluting biologic envelope to receive FDA clearance in the $600 million U.S. implantable electronic device protection market

6 months ago - GlobeNewsWire

Elutia, Inc. (ELUT) Q1 2024 Earnings Call Transcript

Elutia, Inc. (NASDAQ:ELUT) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Matt Steinberg - Finn Partners Randy Mills - President and Chief Executive Officer Matthew Ferg...

7 months ago - Seeking Alpha

Elutia to Present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1

SILVER SPRING, Md., April 24, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced that Dr. Randy Mills, President and ...

8 months ago - GlobeNewsWire

Elutia, Inc. (ELUT) Q4 2023 Earnings Call Transcript

Elutia, Inc. (NASDAQ:ELUT) Q4 2023 Results Conference Call March 7, 2024 4:30 PM ET Company Participants Matt Steinberg - Finn Partners Randy Mills - President and Chief Executive Officer Matt Fergus...

10 months ago - Seeking Alpha

Elutia Reports Fourth Quarter and Full Year 2023 Financial Results: Anticipates CanGarooRM® Clearance Decision in First Half of 2024

SILVER SPRING, Md., March 07, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia” or the “Company”) today provided a business update and reported financial results for the fourth quarter and...

10 months ago - GlobeNewsWire

Elutia to Report Fourth Quarter and Full Year 2023 Financial Results on Thursday, March 7, 2024

SILVER SPRING, Md., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced that it will release its fourth quart...

10 months ago - GlobeNewsWire

Elutia Regains Compliance with Nasdaq Listing Requirements

SILVER SPRING, Md., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) today announced that it has regained compliance with Nasdaq's market value of listed securities requirement and majorit...

1 year ago - GlobeNewsWire

Elutia, Inc. (ELUT) Q3 2023 Earnings Call Transcript

Elutia, Inc. (NASDAQ:ELUT) Q3 2023 Results Conference Call November 13, 2023 4:30 PM ET Company Participants David Carey - Finn Partners Randy Mills - President and Chief Executive Officer Matt Fergu...

1 year ago - Seeking Alpha

Elutia Reports 26% Year-Over-Year Sales Growth of Proprietary Products and Strengthened Balance Sheet in Third Quarter 2023 Financial Results

- Anticipate 510(k) filing for transformational Drug-Eluting Biomatrix CanGarooRM in Fourth Quarter SILVER SPRING, Md., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a compa...

1 year ago - GlobeNewsWire

Elutia Completes Divestiture of Orthobiologics Business Unit for Cash Proceeds of Up to $35 Million

- Company Now Focused on Proprietary Drug-Eluting Biomatrix Platform - SILVER SPRING, Md., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting bi...

1 year ago - GlobeNewsWire

Elutia to Report Third Quarter 2023 Financial Results on Monday, November 13, 2023

SILVER SPRING, Md., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced that it will release its third quarte...

1 year ago - GlobeNewsWire

Elutia to Participate in a Panel Discussion at the Cantor Global Healthcare Conference

SILVER SPRING, Md., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced that Dr. Randy Mills, President and ...

1 year ago - GlobeNewsWire

Elutia Announces Private Placement for Proceeds Up to $26 Million

– Combined proceeds of financing and Orthobiologics divestiture potentially top $60 million – SILVER SPRING, Md., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pi...

1 year ago - GlobeNewsWire

Elutia Announces Sale of Orthobiologics Business Unit for Cash Proceeds of Up to $35 Million

SILVER SPRING, Md., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced the divestiture of the Company's Ort...

1 year ago - GlobeNewsWire