Evolus reports preliminary FY2023 net revenue $202M, above guidance; guides FY2024 $255-265M

Evolus, Inc.

2023-FY EPS reported -$1.08 revenue$202,085,000

Preliminary Q4 2023 net revenue ~$61M, up 40% YoY and 22% sequential; FY2023 net revenue ~$202M, +36% YoY.
FY2023 net revenue exceeded top end of guidance ($194-198M); 2024 guidance $255-265M (26-31% growth).
Cash and equivalents $62.8M at Dec 31, 2023, up from $38.7M at Sept 30; expects existing liquidity to fund to profitability in 2025.
Non-GAAP operating expense guidance for 2024: $185-190M; expects non-GAAP operating income positive in 2025.
Accounts purchasing Jeuveau increased by record 840+ in Q4; total accounts >12,400 since launch; reorder rate ~70%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.6

Evolus, Inc. updated its the quarter and year ended December 31, 2023 guidance (initiated).

Period: the quarter and year ended December 31, 2023
Guidance: initiated
Result: preliminary results

Exact text from the filing

On January 16, 2024, the Company issued a press release announcing its preliminary, unaudited net revenue and certain other operational and financial data for the quarter and year ended December 31, 2023. The press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

View on SEC.gov

50 earnings releases filed in the last 30 days. Browse all earnings releases →

Evolus, Inc. filing history →

Source: SEC EDGAR

accession 0001570562-24-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.