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biote Corp. (BTMD) Q1 2024 Earnings Call Transcript

  • biote Corp. (NASDAQ:BTMD ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Simon Serowiecki - Investor Relations Terry Weber - Chief Executive Officer Bob Peterson - Chief Financial Officer Marc Beer - Executive Chairman Ross McQuivey - Chief Medical Officer Conference Call Participants Les Sulewski - Truist Securities Jonna Kim - TD Cowen Kaumil Gajrawala - Jefferies George Kelly - ROTH MKM Operator Good day, and welcome to the Biote First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
    05/09/2024

Biote Corp. (BTMD) Q1 Earnings Beat Estimates

  • Biote Corp. (BTMD) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.94 per share a year ago.
    05/07/2024
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Haymaker Acquisition Corp. III (BTMD) can sell. Click on Rating Page for detail.

The price of Haymaker Acquisition Corp. III (BTMD) is 5.75 and it was updated on 2024-05-18 07:01:13.

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Biote Reports First Quarter 2024 Financial Results

  • IRVING, Texas--(BUSINESS WIRE)--Biote (NASDAQ: BTMD), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights (All financial result comparisons made are against the prior-year period) Revenue of $46.8 million, up 4.4% Procedure revenue of $37.4 million, up 6.6% Gross profit margin of 71.4%, an app.
    Tue, May. 07, 2024

Earnings Preview: biote Corp. (BTMD) Q1 Earnings Expected to Decline

  • Biote Corp. (BTMD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
    Tue, Apr. 30, 2024

Biote Announces Definitive Settlement with Founder

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (NASDAQ: BTMD) (“Biote” or the “Company”), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced it has entered into a definitive settlement agreement (the “Settlement Agreement”) that concludes outstanding litigation with Dr. Gary S. Donovitz (“Donovitz”), founder and stockholder of Biote. The Settlement Agreement includes a mutual release of all clai.
    Mon, Apr. 29, 2024

Biote Schedules First Quarter 2024 Financial Results Release and Conference Call

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (Nasdaq: BTMD) (“Biote” or the “Company”), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced the Company will provide first quarter financial results on Tuesday, May 7, 2024, after the close of the market. A conference call to discuss the firm's results will be held at 5:00 p.m. ET. the same day. Conference Call Details The conference call may be a.
    Tue, Apr. 23, 2024

This overlooked corner of women's health could be a $350 billion market opportunity

  • Menopause is among the female health conditions with the highest unmet need and has 'enormous potential for innovative treatments,' according to McKinsey.
    Fri, Mar. 15, 2024
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biote Corp. (BTMD) Q4 2023 Earnings Call Transcript

  • biote Corp. (BTMD) Q4 2023 Earnings Call Transcript
  • 03/12/2024

Biote Reports Fourth Quarter and Full Year 2023 Financial Results

  • IRVING, Texas--(BUSINESS WIRE)--Biote (NASDAQ: BTMD), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights (All financial result comparisons made are against the prior-year period) Revenue of $45.7 million, a 2.7% increase and in line with pre-released financial guidance Proc.
  • 03/12/2024

Analysts Estimate biote Corp. (BTMD) to Report a Decline in Earnings: What to Look Out for

  • Biote Corp. (BTMD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 03/05/2024

Biote Announces $20 Million Share Repurchase Authorization

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (NASDAQ: BTMD) (“Biote” or the “Company”), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced that its Board of Directors has approved a $20 million share repurchase program of the Company's common stock. This approval grants Biote's management the authority to repurchase outstanding shares of the Company's common stock, from time to time, in the op.
  • 01/25/2024

Biote Provides Preliminary 2023 Results and Initial 2024 Guidance

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (NASDAQ: BTMD) (“Biote” or the “Company”), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced that management expects 2023 revenue and Adjusted EBITDA to be slightly below prior guidance. The Company had previously forecast that revenue and Adjusted EBITDA would be toward the lower end of the previously announced ranges of $190-$200 million and $56-.
  • 01/17/2024

Biote to Purchase Asteria Health

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (NASDAQ: BTMD) (“Biote” or the “Company”), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced a definitive agreement to acquire F.H. Investments, Inc., d/b/a Asteria Health, a privately held 503B manufacturer of compounded bioidentical hormones. The company operates an FDA-registered 503B outsourcing facility in Birmingham, Alabama and currently sup.
  • 01/17/2024

Biote Names Robert Peterson as Chief Financial Officer

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (NASDAQ: BTMD) (“Biote” or the “Company”), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced that Robert Peterson has been named Chief Financial Officer, effective January 8, 2024. Mr. Peterson will lead Biote's finance operations, including accounting and controllership, financial planning and analysis, financial reporting, internal audit, tax, tr.
  • 01/11/2024

biote Should Keep Delivering Strong Growth

  • biote Corp. returned to profitability in Q3 2023 and is expected to continue to be profitable in the future. The company's growth is driven by the sale of hormone replacement therapy products and its expansion into complementary wellness products. BTMD is considered undervalued and has an aggressive price target for the end of next year.
  • 11/29/2023

Biote Corp. (BTMD) Reports Q3 Loss, Lags Revenue Estimates

  • Biote Corp. (BTMD) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of $0.08. This compares to loss of $0.09 per share a year ago.
  • 11/07/2023

Biote Reports Third Quarter 2023 Financial Results

  • IRVING, Texas--(BUSINESS WIRE)--Biote (NASDAQ: BTMD), a leading solutions provider in preventive health care through the delivery of personalized hormone therapy, today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights (All financial result comparisons made are against the prior year period) Revenue of $45.6 million, an 8.5% increase Gross profit margin of 68.9%, a 70-basis point increase Net income of $19.6 million, representing.
  • 11/07/2023

Biote Schedules Third Quarter 2023 Financial Results Release and Conference Call

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (Nasdaq: BTMD) (“Biote” or the “Company”), a leading provider of hormone optimization, today announced the Company will provide third quarter financial results on Tuesday, November 7, 2023, after the close of the market. A conference call to discuss the firm's results will be held Wednesday, November 8, 2023, at 8:30 a.m. ET. Conference Call Details The conference call may be accessed by dialing (844) 481-2820 (U.S toll-free) or (412) 317-0679 (Intern.
  • 10/24/2023

Biote Corp. (BTMD) Beats Q2 Earnings and Revenue Estimates

  • Biote Corp. (BTMD) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.27 per share a year ago.
  • 08/10/2023

Biote Reports Second Quarter 2023 Financial Results

  • IRVING, Texas--(BUSINESS WIRE)--Biote (NASDAQ: BTMD), a leading solutions provider in preventive health care through the delivery of personalized hormone therapy, today announced financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights (All financial result comparisons made are against the prior year period) Revenue of $49.3 million, a 19.1% increase Gross profit margin of 67.9%, a 60-basis point increase Net loss of $(13.1) million and GAAP loss pe.
  • 08/10/2023

Recent Price Trend in biote Corp. (BTMD) is Your Friend, Here's Why

  • If you are looking for stocks that are well positioned to maintain their recent uptrend, biote Corp. (BTMD) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
  • 07/18/2023

biote Corp. (BTMD) Moves 5.3% Higher: Will This Strength Last?

  • biote Corp. (BTMD) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
  • 07/12/2023

Biote Schedules First Quarter 2023 Financial Results Release and Conference Call

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (Nasdaq: BTMD) (“Biote” or the “Company”), a leading provider of preventive health care through the delivery of personalized hormone therapy, today announced the Company will provide first quarter financial results on Tuesday, May 9, 2023, after the close of the market. A conference call to discuss the firm's results will be held Wednesday, May 10, 2023, at 8:30 a.m. ET. Conference Call Details The conference call may be accessed by dialing (844) 481-.
  • 04/26/2023

Does biote Corp. (BTMD) Have the Potential to Rally 82.51% as Wall Street Analysts Expect?

  • The mean of analysts' price targets for biote Corp. (BTMD) points to an 82.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
  • 03/31/2023

Biote Schedules Fourth Quarter and Full Year 2022 Financial Results Release and Conference Call

  • IRVING, Texas--(BUSINESS WIRE)--Biote Corp. (Nasdaq: BTMD) (“Biote” or the “Company”), a leading provider of preventive health care through the delivery of personalized hormone therapy, today announced the Company will provide fourth quarter and full year financial results on Tuesday, March 28, 2023, after the close of the market. A conference call to discuss the firm's results will be held Wednesday, March 29, 2023 at 8:30 a.m. ET.
  • 02/09/2023

Biote Schedules Third Quarter 2022 Financial Results Release and Conference Call

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (Nasdaq: BTMD) (“Biote” or the “Company”), a leading provider of preventive health care through the delivery of personalized hormone therapy, today announced the Company will provide third quarter financial results on Tuesday, November 8, 2022, after the close of the market.
  • 10/31/2022

Biote to Report Second Quarter 2022 Financial Results on August 9, 2022 and Host Conference Call on August 10, 2022

  • IRVING, Texas--(BUSINESS WIRE)--biote Corp. (“Biote” or the “Company”) (Nasdaq: BTMD), a high growth, medical practice-building business within the hormone optimization space, will report its financial results for the second quarter ended June 30, 2022, after market close on Tuesday, August 9, 2022. Terry Weber, Chief Executive Officer, and the Company's management will host a conference call to review these results and provide a business update beginning at 8:30 a.m. ET on Wednesday, August 10
  • 07/20/2022
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