AirSculpt Q3 revenue up 20% to $46.8M; reaffirms FY 2023 guidance

Airsculpt Technologies, Inc.

2023-Q3 EPS reported $0.00 revenue$148,309,000

Revenue $46.8M (+20.3% YoY); case volume 3,426 (+19.0%).
Net loss improved to $(1.7)M from $(7.4)M; adjusted EBITDA $9.1M vs $8.1M.
Same-store sales growth 5.3%; opened 5 centers in 2023, at least 6 planned for 2024.
Reaffirms FY 2023 revenue ~$196M, adjusted EBITDA ≥$45M, 65% cash conversion.
Year-to-date revenue $148.3M (+15.8%); net income $0.1M vs loss $(7.5)M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Airsculpt Technologies, Inc. reported third quarter ended September 30, 2023 results: revenue $46.8 million, net income $(1.7) million, EPS $(0.03). Guidance reaffirmed.

Period: third quarter ended September 30, 2023
Revenue: $46.8 million
Net income: $(1.7) million
EPS: $(0.03)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

announced results for the third quarter ended September 30, 2023. • Cases increased 19.0% over the prior year period to 3,426 • Revenue increased 20.3% over the prior year to $46.8 million • Net loss of $(1.7) million for the quarter compared to $(7.4) million in the prior year period • Diluted loss per share for the quarter of $(0.03) • Diluted adjusted net income

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Source: SEC EDGAR

accession 0001870940-23-000049

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