Establishment Labs Provides Preliminary First Quarter Results and Announces an Investor Day on June 12
April 10 2025 - 9:00AM
Business Wire
Establishment Labs Holdings Inc. (NASDAQ: ESTA), a global
medical technology company dedicated to improving women’s health
and wellness, principally in breast aesthetics and reconstruction,
provided preliminary first quarter 2025 sales results and announced
that it will host an analyst and investor event in New York City on
June 12, 2025.
Establishment Labs’ preliminary unaudited revenue for the first
quarter of 2025 is expected to be approximately $41.4 million,
including approximately $6.2 million from Motiva sales in the
United States.
On June 12, Establishment Labs’ leadership team and invited
plastic surgeons will present an update on the recent launch of
Motiva in the United States, the company’s innovation roadmap, and
the financial outlook. A live and archived webcast of presentations
and Q&A sessions on June 12 will be available on the
"Investors" section of the Establishment Labs website at
www.establishmentlabs.com. In-person attendance at the event is
limited and requires advanced registration. Please email:
ir@establishmentlabs.com for further information.
“The second quarter appears strong, and the United States launch
continues to accelerate,” said Peter Caldini, Establishment Labs’
Interim CEO. “Average orders in March surpassed 100 per day, and we
expect this growth to continue, making our launch one of the
fastest in aesthetic history. We have not seen any disruption to
our business from recent events and affirm our previous commentary
and guidance on revenue of $205 to $210 million for 2025. As
currently contemplated, tariffs would represent less than a
50-basis point gross margin impact and do not change our trajectory
of turning EBITDA positive in 2025 and cash flow positive in 2026.
At our investor day, we look forward to providing an update on our
United States launch as well as detailing our pipeline, timeline,
and launch strategy for the additional products coming to market in
the United States.”
About Establishment Labs
Establishment Labs Holdings Inc. is a global medical device
company dedicated to improving women’s health and wellness in
breast aesthetics and reconstruction through the power of science,
engineering, and technology. The Company offers a portfolio of
solutions for breast health, breast aesthetics, and breast
reconstruction in over 90 countries. With over four million Motiva®
devices delivered to plastic and reconstructive surgeons since
2010, the Company’s products have created a new standard for safety
and patient satisfaction. The company’s minimally invasive platform
consists of Mia Femtech®, a unique minimally invasive experience
for breast harmonization, and Preservé™, a breast tissue preserving
and minimally invasive technology for breast augmentation, revision
augmentation and mastopexy augmentation. GEM® is a next generation
minimally invasive system for gluteal ergonomic modeling currently
undergoing an IRB approved pivotal study. The Motiva Flora® tissue
expander is used to improve outcomes in breast reconstruction
following breast cancer and is the only regulatory-approved
expander in the world with an integrated port using radio-frequency
technology that is MRI conditional. Zensor™ is an RFID technology
platform used to safely identify implantable devices from outside
the body, and includes the company’s first biosensor Zenº™,
currently part of an IRB approved pivotal study to measure core
breast temperature. These solutions are supported by over 200
patent applications in 20 separate patent families worldwide and
over 100 scientific and clinical studies and publications in peer
reviewed journals. Establishment Labs manufactures at two
facilities in Costa Rica compliant with all applicable regulatory
standards under ISO13485:2024 and FDA 21 CFR 820. Please visit our
website for additional information at
www.establishmentlabs.com.
Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”). You can find many (but not all) of
these statements by looking for words such as “approximates,”
“believes,” “expects,” “anticipates,” “estimates,” “intends,”
“plans,” “intends to,” “would,” “will,” “may” or other similar
expressions in this press release. Any statements that refer to
projections of our future financial or operating performance,
anticipated trends in our business, our goals, strategies, focus
and plans, including related product development and
commercialization and regulatory approvals, and other
characterizations of future events or circumstances, including
statements expressing general optimism about future operating
results, related to the company’s performance are forward-looking
statements. We claim the protection of the safe harbor contained in
the Private Securities Litigation Reform Act of 1995. We caution
investors that any forward-looking statements presented in this
report, or that we may make orally or in writing from time to time,
are expressions of our beliefs and expectations based on currently
available information at the time such statements are made. Such
statements are based on assumptions, and the actual outcome will be
affected by known and unknown risks, trends, uncertainties, and
factors that are beyond our control. Although we believe that our
assumptions are reasonable, we cannot guarantee future performance,
and some will inevitably prove to be incorrect. As a result, our
actual future results and the timing of events may differ from our
expectations, and those differences may be material. Factors, among
others, that could cause actual results and events to differ
materially from those described in any forward-looking statements
include risks and uncertainties relating to: our ability to
successfully, timely and cost-effectively develop, seek and obtain
regulatory clearance for and commercialize our product offerings;
the rate of adoption of our products by healthcare providers or
other customers; the success of our marketing initiatives; the safe
and effective use of our products; our ability to protect our
intellectual property; our future expansion plans and capital
allocation; our ability to expand upon and/or secure sources of
credit or capital; our ability to develop and maintain
relationships with qualified suppliers to avoid a significant
interruption in our supply chains; our ability to attract and
retain key personnel; our ability to scale our operations to meet
market demands; the effect on our business of existing and new
regulatory requirements; and other economic and competitive
factors. These and other factors that could cause or contribute to
actual results differing materially from our expectations include,
among others, those risks and uncertainties discussed in the
company’s annual report on Form 10-K filed on February 28, 2025,
which risks and uncertainties may be updated in the future in other
filings made by the company with the Securities and Exchange
Commission. The risks included in those documents are not
exhaustive, and additional factors could adversely affect our
business and financial performance. We operate in a very
competitive and rapidly changing environment. New risk factors
emerge from time to time, and it is not possible for us to predict
all such risk factors, nor can we assess the impact of all such
risk factors on our business or the extent to which any factor, or
combination of factors, may cause actual results to differ
materially from those contained in any forward-looking statements.
We are not undertaking any obligation to update any forward-looking
statements. Accordingly, investors should use caution in relying on
past forward-looking statements, which are based on known results
and trends at the time they are made, to anticipate future results
or trends.
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version on businesswire.com: https://www.businesswire.com/news/home/20250409937257/en/
Investor/Media Contact: Raj Denhoy 415 828-1044
rdenhoy@establishmentlabs.com
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