TELA Bio, Inc. (TELA)

NASDAQ: TELA · Real-Time Price · USD
2.850
+0.050 (1.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.79%
Market Cap 112.26M
Revenue (ttm) 68.65M
Net Income (ttm) -41.52M
Shares Out 39.39M
EPS (ttm) -1.69
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 769,460
Open 2.800
Previous Close 2.800
Day's Range 2.710 - 2.960
52-Week Range 2.300 - 7.840
Beta 1.00
Analysts Strong Buy
Price Target 9.25 (+224.56%)
Earnings Date Nov 7, 2024

About TELA

TELA Bio, Inc., a commercial-stage medical technology company, focuses on providing soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient’s anatomy. The company provides a portfolio of OviTex Reinforced Tissue Matrix (OviTex) products for hernia repair and abdominal wall reconstruction; and OviTex PRS Reinforced Tissue Matrix products to address the unmet needs in plastic and reconstructive surgery, as well as OviTex for Laparoscopic and Robotic Procedures, a sterile... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Nov 8, 2019
Employees 227
Stock Exchange NASDAQ
Ticker Symbol TELA
Full Company Profile

Financial Performance

In 2023, TELA Bio's revenue was $58.45 million, an increase of 41.13% compared to the previous year's $41.42 million. Losses were -$46.66 million, 5.35% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TELA stock is "Strong Buy." The 12-month stock price forecast is $9.25, which is an increase of 224.56% from the latest price.

Price Target
$9.25
(224.56% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

TELA Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

MALVERN, Pa., Dec. 13, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction sol...

7 days ago - GlobeNewsWire

TELA Bio to Participate in Piper Sandler's 36th Annual Healthcare Conference

MALVERN, Pa., Nov. 19, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions, today...

4 weeks ago - GlobeNewsWire

TELA Bio, Inc. (TELA) Q3 2024 Earnings Call Transcript

TELA Bio, Inc. (NASDAQ:TELA) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Louisa Smith - Vice President, Gilmartin Group Tony Koblish - President & Chief Executiv...

5 weeks ago - Seeking Alpha

TELA Bio Announces Closing of Public Offering of Common Stock and Pre-Funded Warrants and Full Exercise of the Underwriters' Option to Purchase Additional Shares

MALVERN, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA"), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction, today announced the c...

2 months ago - GlobeNewsWire

TELA Bio Announces Pricing of Public Offering of Common Stock and Pre-Funded Warrants

MALVERN, Pa., Oct. 23, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA"), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction, today announced the p...

2 months ago - GlobeNewsWire

TELA Bio Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants

MALVERN, Pa., Oct. 22, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA"), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction, today announced that ...

2 months ago - GlobeNewsWire

TELA Bio to Announce Third Quarter 2024 Financial Results

MALVERN, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction sol...

2 months ago - GlobeNewsWire

TELA Bio, Inc. (TELA) Q2 2024 Earnings Call Transcript

TELA Bio, Inc. (NASDAQ:TELA) Q2 2024 Results Conference Call August 12, 2024 4:30 PM ET Company Participants Louisa Smith - Vice President of Gilmartin Group Antony Koblish - Co-founder, President & ...

4 months ago - Seeking Alpha

TELA Bio Reports Second Quarter 2024 Financial Results and Reiterates Full Year 2024 Revenue Guidance

MALVERN, Pa., Aug. 12, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio"), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions today re...

4 months ago - GlobeNewsWire

TELA Bio to Announce Second Quarter 2024 Financial Results

MALVERN, Pa., July 22, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction sol...

5 months ago - GlobeNewsWire

TELA Bio Appoints Jeffrey Blizard to its Board of Directors

MALVERN, Pa., June 04, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (Nasdaq: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction sol...

7 months ago - GlobeNewsWire

TELA Bio Appoints Greg Firestone as Chief Commercial Officer

MALVERN, Pa., May 20, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions, today ...

7 months ago - GlobeNewsWire

TELA Bio, Inc. (TELA) Q1 2024 Earnings Call Transcript

TELA Bio, Inc. (NASDAQ:TELA) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Louisa Smith - Vice President of Gilmartin Group Antony Koblish - Co-founder, President & CEO...

7 months ago - Seeking Alpha

TELA Bio Reports First Quarter 2024 Financial Results

MALVERN, Pa., May 09, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio"), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions today rep...

8 months ago - GlobeNewsWire

TELA Bio to Announce First Quarter 2024 Financial Results

MALVERN, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction so...

8 months ago - GlobeNewsWire

TELA Bio Announces U.S. Commercial Launch of Robotic-Compatible OviTex® IHR – Addressing the Need for a More Natural Repair in Inguinal Hernia Procedures

Targets the more than 665,000 inguinal hernia procedures performed annually in the United States (U.S.) Targets the more than 665,000 inguinal hernia procedures performed annually in the United States...

8 months ago - GlobeNewsWire

TELA Bio Welcomes Acclaimed Surgeon as Vice President of Medical Affairs and Surgeon Strategy

Howard N. Langstein, MD, FACS joins innovative MedTech company to leverage his vast experience to help other surgeons optimize clinical outcomes in plastic and reconstructive surgery Howard N. Langste...

9 months ago - GlobeNewsWire

TELA Bio, Inc. (TELA) Q4 2023 Earnings Call Transcript

TELA Bio, Inc. (TELA) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

TELA Bio Achieves Record Fourth Quarter and Full Year 2023 Revenues and Reports Complete Financial Results

MALVERN, Pa., March 21, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio"), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that op...

9 months ago - GlobeNewsWire

TELA Bio Announces U.S. Commercial Launch of LIQUIFIX™ – the Only FDA-Approved Liquid Adhesive for Internal Use in Hernia Surgery

Strong and secure, LIQUIFIX is the first approved adhesive-based product to affix mesh without penetrating patient tissue Strong and secure, LIQUIFIX is the first approved adhesive-based product to af...

9 months ago - GlobeNewsWire

TELA Bio Announces Sale of Distribution Rights for Wound Care Product to MIMEDX

TELA Bio to receive at least $8 million and up to $12 million in total consideration TELA Bio to receive at least $8 million and up to $12 million in total consideration

9 months ago - GlobeNewsWire

TELA Bio to Announce Fourth Quarter and Full Year 2023 Financial Results

MALVERN, Pa., Feb. 29, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction sol...

10 months ago - GlobeNewsWire

TELA Bio: Looks Like A Buy, But Some Pieces Missing To Make This A Strong Buy

OviTex sales continue to see strong annual growth. However, before being able to conclusively say that OviTex is better than competitors, some head-to-head data is needed. The liquidity position is no...

1 year ago - Seeking Alpha

TELA Bio to Take Part in Connecting the Dots

MALVERN, Pa., Dec. 05, 2023 (GLOBE NEWSWIRE) -- TELA Bio, Inc . (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that ...

1 year ago - GlobeNewsWire

TELA Bio to Participate in Piper Sandler's 35th Annual Healthcare Conference

MALVERN, Pa., Nov. 16, 2023 (GLOBE NEWSWIRE) -- TELA Bio, Inc . (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that ...

1 year ago - GlobeNewsWire