earnings
confidence high
sentiment positive
materiality 0.80
Evolus reports record Q4 revenue $61.0M (+40% YoY); guides to Q4 2024 profitability
Evolus, Inc.
- Full-year 2023 net revenue $202.1M (+36% YoY); Q4 record $61.0M (+40% YoY).
- Q4 non-GAAP operating loss narrowed to $3.7M from $5.7M in Q3; full-year non-GAAP loss down 48% to $23.4M.
- Reaffirms 2024 revenue guidance $255-265M (26-31% growth); expects positive non-GAAP operating income in Q4 2024 and full year 2025.
- Added 840+ new Jeuveau accounts in Q4, total >12,400; loyalty program grew 55% to 750,000 members.
- Plans to file PMA for first two Evolysse fillers by mid-2024; targets at least $700M net revenue by 2028.