Establishment Labs Q2 net loss widens on higher expenses
Overview
Establishment Labs Q2 revenue grows 16.3%, beating analyst expectations
Net loss for Q2 widens, missing analyst estimates
2025 revenue guidance raised, reflecting strong U.S. sales momentum
Outlook
Company raises 2025 revenue guidance to $208 mln-$212 mln
Establishment Labs expects positive EBITDA in 2025
Company anticipates cash flow positive status by 2026
Establishment Labs sees U.S. sales momentum continuing into third quarter
Result Drivers
US SALES MOMENTUM - Strong U.S. sales of Motiva products contributed $10.3 mln to Q2 revenue, driving overall growth
GEOGRAPHIC MIX - Improved gross margin to 68.8% attributed to favorable geographic mix and higher average selling prices
SG&A EXPENSES - Increased SG&A expenses due to U.S. investments in personnel and marketing led to wider operating losses
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $51.30 mln | $51 mln (8 Analysts) |
Q2 EPS | Miss | -$0.57 | -$0.53 (8 Analysts) |
Q2 Net Income | Miss | -$16.59 mln | -$15.90 mln (8 Analysts) |
Q2 Income From Operations | Miss | -$14.11 mln | -$10.60 mln (8 Analysts) |
Q2 Gross Profit | $35.27 mln | ||
Q2 Pretax Profit | -$15.59 mln |
Press Release: