AirSculpt Technologies Reports Preliminary Q3 Revenue of $46.5M Vs. Consensus $43.86M, up by 20% YoY, Same-Store Revenue Growth of 5.5%, Expects FY23 Revenue of $196M (Prior $187M-$192M) Vs. Consensus $192.23M
Portfolio Pulse from Benzinga Newsdesk
AirSculpt Technologies, Inc. (NASDAQ:AIRS) reported preliminary Q3 revenue of $46.5M, beating the consensus of $43.86M and marking a 20% YoY increase. The company also reported a same-store revenue growth of 5.5%. For FY23, AirSculpt expects revenue of $196M, up from the previous estimate of $187M-$192M. The company also voluntarily prepaid $10M on its outstanding term loan debt.
October 05, 2023 | 11:07 am
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AirSculpt Technologies reported strong Q3 revenue and increased its FY23 revenue forecast. The company also prepaid $10M of its term loan debt.
AirSculpt Technologies reported better-than-expected Q3 revenue and raised its FY23 revenue forecast, indicating strong performance. The prepayment of $10M of its term loan debt also shows the company's strong financial position, which could positively impact its stock price.
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