Evolus Q2 net revenue up 235% YoY to $26.1M; raises gross margin target

Evolus, Inc.

2021-Q2 EPS reported -$0.21 revenue$38,339,000

Jeuveau net revenue of $26.1M, up 235% from $7.8M in Q2 2020.
Cash and equivalents $131.7M at June 30, 2021, up from $22.2M at March 31.
GAAP loss from operations improved 19% to $15.3M; non-GAAP loss down 25% to $9.3M.
Adjusted gross margin target raised to 54%-57% for full year 2021.
European launch on track for early 2022 (estimated $470M market).

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