Biote Q2 revenue up 19% to $41.4M; raises adjusted EBITDA guidance to $47-51M

biote Corp.

2022-Q2 EPS reported $2.01 revenue$78,502,000

Revenue $41.4M (+19% YoY); net income $49.7M (includes $79M stock comp and $123M earnout adjustment).
Adjusted EBITDA $13.1M (+21% YoY); cash $82.7M at quarter end.
Raises FY2022 adjusted EBITDA guidance to $47-51M; maintains revenue guidance of $160-166M.
CEO cites no direct impact from macro factors; sales force and geographic expansion on track.

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