earnings
confidence high
sentiment negative
materiality 0.60
Apyx Medical reports preliminary Q4 rev $14.2-14.6M (+13-16% YoY); FY rev $51.9-52.3M (+17-18%)
Apyx Medical Corp
2023-FY EPS reported
-$0.54
revenue$52,349,000
- Total Q4 revenue $14.2-14.6M, growth 13-16% YoY; Advanced Energy $11.9-12.3M (+12-16%).
- Full year total revenue $51.9-52.3M (+17-18%); Advanced Energy $43.1-43.5M (+17-18%); OEM $8.8M (+14%).
- CEO says sales softer than expected due to challenging macro environment in cosmetic surgery market; slower new customer adoption.
- Company plans to release full Q4 and FY 2023 results in March 2024.