Allurion Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

• Allurion Technologies Inc ALUR.N reported a quarterly adjusted loss of $6.17​​ per share for the quarter ended December 31. The mean expectation of four analysts for the quarter was for a loss of $5.17 per share. Wall Street expected results to range from $-6.00 to $-4.50 per share.

• Revenue was $5.59 million​; analysts expected $5.83 million.

• Allurion Technologies Inc's reported EPS for the quarter was a loss of $7.95​.

• The company reported a quarterly loss of $20.57 million.

• Allurion Technologies Inc shares had fallen by 71.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Allurion Technologies Inc is $18.00

This summary was machine generated from LSEG data March 26 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)