Allurion Technologies Reports Mixed Q4 Results and Reaffirms FY24 Outlook

Thursday, 21 March 2024, 12:12

Allurion Technologies released its Q4 earnings report with mixed results. The GAAP EPS for the quarter stood at -$0.40. Despite a revenue decline of 57.1% year-over-year to $8.24 million, it surpassed expectations by $0.04 million. The company also disclosed that as of December 31, 2023, its cash and cash equivalents amounted to $38 million. The reaffirmation of the FY24 outlook provides insights into the company's future performance.

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Allurion Technologies Q4 Earnings Report

Allurion Technologies press release (ALUR) reveals that the Q4 GAAP EPS was -$0.40. The revenue of $8.24 million marked a 57.1% year-over-year decrease but exceeded expectations by $0.04 million. As of December 31, 2023, the company's cash and cash equivalents totaled $38 million.

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Allurion Technologies Q4 Earnings Report

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