Treace Medical Concepts, Inc. revised unaudited earnings guidance for the fourth quarter and full year 2021. Preliminary unaudited revenue for the fourth quarter and full year 2021 is anticipated to be in the range of $33.1 to $33.4 million and $94.1 to $94.4 million, respectively, representing an increase in the range of 37% to 39% and 64% to 65% over the same periods last year, respectively. The full year growth rate range benefits from the comparison to the second quarter of 2020, which included Covid related shutdowns.

On a sequential basis, the anticipated fourth quarter revenue represents an increase of 53% to 54% compared with revenue in the third quarter 2021. For the full year 2021, Treace previously provided revenue guidance to be in the range of $90 million to $95 million, which represented approximately 57% to 65% growth over the Company's 2020 revenue.