earnings
confidence high
sentiment negative
materiality 0.80
BeautyHealth Q2 net sales down 23% YoY to $90.6M; revises full-year guidance
SkinHealth Systems Inc.
2024-Q2 EPS reported
-$0.20
revenue$171,997,000
- Net sales $90.6M, down 22.9% YoY; equipment sales fell while consumables grew 6.7%.
- Delivery systems sold 1,285 vs 2,822 in Q2 2023; active install base grew to 33,504 (+13%).
- Adjusted EBITDA loss $5.2M vs positive $12.4M last year; adjusted gross margin 49.4% vs 64.5%.
- Operating expenses improved nearly $18M YoY; company cites cost efficiency.
- Full year 2024 guidance revised downward, citing slower device recovery and macro pressures.