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Recent Updates — BTMD

August 5, 2026View Source ↗

biote Corp. reported second quarter 2026 financial results on August 5, 2026, revealing a net loss of $7.4 million and diluted loss per share of $0.23, compared to net income of $3.9 million in the prior year period. Total revenue declined 9.5% to $44.2 million, driven by a 13.9% drop in procedure revenue to $30.3 million due to a voluntary product recall initiated in January 2026 involving hormone pellets from supplier Asteria Health. Gross profit margin contracted to 65.4% from 71.6%, while Adjusted EBITDA fell to $5.6 million from $15.2 million. The company revised its full-year guidance, projecting revenue above $175 million and Adjusted EBITDA above $25 million, noting that procedure revenue is expected to improve sequentially but remain below year-over-year levels due to the recall disruption. biote Corp. operates in the hormone optimization and healthy aging solutions industry.

June 17, 2026View Source ↗

biote Corp. announced an amended and restated employment agreement for Interim CEO Robert Peterson, effective June 12, 2026. The agreement includes an annual base salary of $658,800, an annual incentive compensation eligibility of up to 72.5% of base salary, and stock option awards representing 0.56% of outstanding shares. biote Corp. is a medical technology company that provides biological and biological-based solutions for wellness and wellness-based products.