earnings
confidence high
sentiment positive
materiality 0.70
Evolus Q4 revenue $43.6M (+26% YoY); FY22 revenue $148.6M (+49%); reaffirms FY23 guidance $180-190M
Evolus, Inc.
- Q4 net revenue $43.6M, up 26% YoY; FY22 net revenue $148.6M, up 49% YoY (top end of guidance).
- Reaffirms FY2023 net revenue guidance of $180-190M, expecting positive non-GAAP operating income in Q4 2023.
- Adjusted gross margin FY22 62.4%, above guidance; expects FY23 adjusted gross margin 68-71%.
- Added 2,500+ new customer accounts in 2022, total >9,500; Evolus Rewards membership >500K, up 75% YoY.
- Interim Phase II data showed extra-strength Jeuveau lasting 26 weeks vs ~21 weeks for controls; international expansion.