earnings
confidence high
sentiment negative
materiality 0.75
AirSculpt Q3 revenue $38.9M (+12.2%), net loss $7.4M; cuts FY 2022 revenue and EBITDA outlook
Airsculpt Technologies, Inc.
2022-Q3 EPS reported
-$0.13
revenue$128,090,000
- Revenue $38.9M (+12.2% YoY); case volume 2,879 (+5.0%); same-center revenue down 2.1%.
- Net loss $7.4M impacted by $7.2M equity-based comp increase and $1.8M public company costs; adjusted EBITDA $9.2M vs $12.1M.
- FY 2022 outlook lowered: revenue $168-170M (from prior); adjusted EBITDA $45-47M; plans to open 4 centers including Philadelphia and Toronto.
- Paid special dividend of ~$25M and completed debt refinancing with more favorable terms.
- Year-to-date revenue $128.1M (+33.8%); net loss $7.5M; adjusted EBITDA $34.2M (-4.8%).