Treace Medical Concepts Full Year 2024 Earnings: EPS Beats Expectations

Treace Medical Concepts (NASDAQ:TMCI) Full Year 2024 Results

Key Financial Results

• Revenue: US$209.4m (up 12% from FY 2023).
• Net loss: US$55.7m (loss widened by 13% from FY 2023).
• US$0.90 loss per share (further deteriorated from US$0.81 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Treace Medical Concepts EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%.

Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 4.6% from a week ago.

Risk Analysis

Be aware that Treace Medical Concepts is showing 1 warning sign in our investment analysis that you should know about...

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