secwatch.observer — SEC 8-K summary
======================================

Issuer:     Evolus, Inc. (EOLS)
CIK:        0001570562
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001570562-22-000100
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evolus Q1 revenue jumps 177% to $33.9M; guides to upper end of FY2022 range $143-150M
--------------------------------------------------------------------------------

- Net revenue $33.9M vs $12.2M in Q1 2021, driven by higher volumes and slightly higher ASP.
- Added 575 new customer accounts in Q1, total base >7,500; reorder rate above 70%.
- Non-GAAP loss from operations narrowed 19% to $10.3M from $12.6M YoY.
- Cash $106.7M; company expects to fund operations to breakeven without additional capital.
- Full-year adjusted gross margin guidance 58%-61%; Q4 step-up to 68%-71% as royalty rates drop.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1570562/000157056222000100/0001570562-22-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1570562/000157056222000100/eols-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001570562-22-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer