secwatch.observer — SEC 8-K summary
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Issuer:     Evolus, Inc. (EOLS)
CIK:        0001570562
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001570562-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1570562/000157056224000003/0001570562-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1570562/000157056224000003/eols-20240116.htm
  HTML page:      https://secwatch.observer/filing/0001570562-24-000003

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