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TELA Bio (TELA)

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Earnings summaries and quarterly performance for TELA Bio.

Recent press releases and 8-K filings for TELA.

TELA Bio Discusses Growth Trajectory, Financial Position, and 2026 Outlook
TELA
Guidance Update
Hiring
Product Launch
  • TELA Bio, currently an $80 million business, aims to grow to $100 million, $130 million, and eventually over $200 million.
  • The company ended Q3 with approximately $30 million in cash and has access to a total of $65 million-$70 million through a debt facility and a recent equity raise, believing this positions them to avoid future capital raises.
  • TELA Bio provided guidance for at least 15% revenue growth in 2026 and plans to fully upgrade its sales force to 90 representatives by the end of Q1 2026. A cohort of 52 experienced reps achieved 100% of quota with average annual sales of about $1 million per rep.
  • Sales and marketing spend has decreased from 93% to 70%-73% of sales, indicating improved efficiency.
  • New product launches are anticipated, including a long-term resorbable polymer product for hernia in the first half of 2026 and two plastic and reconstructive products in the second half of 2026.
Dec 3, 2025, 7:30 PM
TELA Bio Outlines Growth Plans and Financial Position
TELA
Guidance Update
Product Launch
Hiring
  • TELA Bio, currently an $80 million business, aims to grow into a $200 million-plus business.
  • The company anticipates at least 15% revenue growth in 2026.
  • TELA Bio plans to expand its sales force from 76 reps to 90 reps by the end of Q1 2026, with a cohort of 52 experienced reps averaging $1 million in annual sales.
  • New product launches include a hernia product in H1 2026 and two plastic and reconstructive products in H2 2026.
  • The company ended Q3 with $30 million in cash and, after recent financing activities, has approximately $56 million, with an additional $10 million available in Q1 2027, which is expected to be sufficient to avoid further fundraising.
Dec 3, 2025, 7:30 PM
TELA Bio Discusses Growth Strategy, Financial Position, and Product Pipeline
TELA
Guidance Update
Product Launch
Debt Issuance
  • TELA Bio, currently an $80 million business, aims to grow significantly, targeting $200+ million in the future, having initiated commercialization around 2020.
  • The company projects at least 15% revenue growth for next year (2026), supported by new product launches in 2026 and an expanded sales force, with a goal of 90 reps by the end of Q1 2026.
  • TELA Bio ended Q3 with $29 million in cash and, following recent debt and equity raises, has approximately $56 million available, with an additional $10 million debt tranche accessible in Q1 2027, aiming to avoid further fundraising.
  • Sales and marketing spend has improved, decreasing from 93% to 70%-73% of sales.
Dec 3, 2025, 7:30 PM
TELA Bio, Inc. Announces Registered Direct Offering and Warrant Issuance
TELA
  • TELA Bio, Inc. announced an underwritten registered direct offering of 4,189,000 shares of common stock at $1.11 per share and pre-funded warrants to purchase up to 7,523,000 shares at $1.1099 per share.
  • The offering is expected to generate approximately $11.9 million in net proceeds for the company and is anticipated to close on November 17, 2025.
  • The company intends to use the proceeds from the offering for general corporate purposes, including sales and marketing, research and development, and working capital.
  • Separately, TELA Bio, Inc. issued a warrant to Perceptive Credit Holdings V, LP to purchase 2,000,000 shares of common stock at an exercise price of $1.11 per share.
Nov 14, 2025, 9:38 PM
TELA Bio Reports Q3 2025 Results, Strengthens Balance Sheet, and Provides 2026 Guidance
TELA
Earnings
Guidance Update
Debt Issuance
  • TELA Bio reported Q3 2025 revenue of $20.7 million, representing 9% growth over the prior year and marking the third consecutive quarter of sequential growth in 2025.
  • The company significantly strengthened its balance sheet by refinancing and upsizing its debt facility from $40 million to $60 million and completing a $13 million equity offering, which together add approximately $26 million in incremental net cash.
  • Sales and marketing expenses as a percentage of revenue improved from 89.7% in Q1 to 73.6% in Q3 2025, demonstrating increased operational efficiency.
  • TELA Bio expects full-year 2025 revenue to grow at least 16% over 2024 and anticipates full-year 2026 revenue to grow at least 15% from 2025.
  • The company reached its 2025 budgeted commercial headcount target of 76 territory managers and plans to expand to 90-plus in Q1 2026, while maintaining a target of high $20 million per quarter for operational break-even.
Nov 13, 2025, 9:30 PM
TELA Bio Prices Underwritten Registered Direct Offering
TELA
  • TELA Bio, Inc. announced the pricing of an underwritten registered direct offering of common stock and pre-funded warrants.
  • The offering includes 4,189,000 shares of common stock priced at $1.11 per share and 7,523,000 pre-funded warrants at an offering price of $1.1099 per warrant.
  • The gross proceeds to TELA from the offering are expected to be approximately $13.0 million, assuming no exercise of the pre-funded warrants.
  • The offering was led by Nantahala Capital and EW Healthcare Partners, with Canaccord Genuity acting as the sole bookrunner.
  • TELA intends to use the net proceeds for general corporate purposes, including sales and marketing, research and development activities, and working capital.
Nov 13, 2025, 9:21 PM
TELA Bio Reports Q3 2025 Financial Results and Refinances Credit Facility
TELA
Earnings
Guidance Update
Debt Issuance
  • TELA Bio reported revenue of $20.7 million for the third quarter ended September 30, 2025, marking a 9% increase from the same period in 2024.
  • The company revised its full year 2025 revenue guidance to project at least 16% growth over full year 2024.
  • Net loss for Q3 2025 was $8.6 million, and cash and cash equivalents stood at $29.7 million as of September 30, 2025.
  • TELA Bio strengthened its capital position by closing a credit facility for up to $70.0 million with Perceptive Advisors, which included an initial loan of $60.0 million.
Nov 13, 2025, 9:08 PM
TELA Bio Reports Q3 2025 Financial Results and Upsizes Credit Facility
TELA
Earnings
Guidance Update
Debt Issuance
  • TELA Bio reported revenue of $20.7 million for the third quarter ended September 30, 2025, representing a 9% increase from the same period in 2024.
  • The company revised its full-year 2025 revenue guidance to project at least 16% growth over full year 2024.
  • Net loss for the third quarter of 2025 was $8.6 million, compared to a net loss of $10.4 million in the same period in 2024.
  • TELA Bio strengthened its capital position by closing on a new credit facility for up to $70.0 million with Perceptive Advisors, including an initial $60.0 million loan received subsequent to the end of the third quarter.
Nov 13, 2025, 9:01 PM