Treace Medical reports Q2 EPS (34c), consensus (29c)

Reports Q2 revenue $44.46M, consensus $43M. John T. Treace, CEO and Founder of Treace, said, “Second quarter results came in as expected. We remain focused on capturing an even larger share of procedure volumes from our base of over 3,000 active surgeons with several new planned product launches in the second half of 2024, including our entry into the relatively nascent minimally invasive metatarsal osteotomy market in Q4. We are confident in our strategic investments in our growing portfolio of innovative, reproducible solutions for a dynamic bunion market, supporting our market position and long-term outlook.”