earnings
confidence high
sentiment positive
materiality 0.70
STRATA Skin Sciences Q3 rev $8.8M, first non-GAAP operating profit since 2018
STRATA Skin Sciences, Inc.
2024-Q3 EPS reported
-$1.52
revenue$23,986,000
- Revenue $8.8M (-1% YoY); recurring revenue $5.4M (+2% YoY); gross margin 60.3% (up from 56.0% YoY).
- Non-GAAP operating profit $128K (excl. $1.8M NY tax accrual); first since 2018 refinancing.
- Net loss narrowed to $0.3M ($0.08/sh) from $1.1M ($0.30/sh) in Q3 2023; cash $8.4M.
- XTRAC domestic base 873 (down from 882 Q2); TheraClear X base 135 (up from 117 Q2).
- Designated John Gillings (VP Finance) as principal financial & accounting officer; raised $2.1M in July equity offering.