Investing.com - Tela Bio reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Tela Bio announced earnings per share of $-0.64 on revenue of $11.2M. Analysts polled by Investing.com anticipated EPS of $-0.62 on revenue of $10.86M.
Tela Bio shares are up 4.35% from the beginning of the year , still down 52.55% from its 52 week high of $13.70 set on Monday, January 3, 2022.
Tela Bio follows other major Healthcare sector earnings this month
Tela Bio's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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