Establishment Labs Holdings Inc (ESTA) Q4 2019 Earnings Call Transcript

  • Date: 16-Mar-2020
  • Source: The Motley Fool
  • Sector:Financial Markets
  • Country:GCC
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Establishment Labs Holdings Inc (ESTA) Q4 2019 Earnings Call Transcript

Establishment Labs Holdings Inc ( NASDAQ:ESTA ) Q4 2019 Earnings Call Mar 16, 2020 , 8:30 a.m. ET. Greetings and welcome to the Establishment Labs Fourth Quarter and Full Year 2019 Earnings Conference Call.. Joining me from the Company are Juan Jose Chacon-Quiros, Chief Executive Officer; and Renee Gaeta, Chief Financial Officer.. During the fourth quarter of 2019, revenue was $24.2 million, an increase of 47.9% over the same period of 2018.. For the year, revenue was $89.6 million, an increase of 46.3% over full year 2018.. The financial results are toward the high end of the preliminary revenue ranges we announced in a press release on January 28 and is another record quarter, made possible by the continued global adoption of Motiva Implants.. Assuming a more normalized environment for our first quarter call in May, we currently intend to issue formal guidance at that time.. As we think about forecasting our business, I can tell you that our executive team has decades of experience in the breast implant industry.. Our collective experience as a management team has taught [Phonetic] following: women interested in breast aesthetics go through an extensive, thoughtful and deliberate process.. We continue to see this strength