AirSculpt Technologies Q2 Adj $0.09 Beats $0.04 Estimate, Sales $51.00M Miss $55.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
AirSculpt Technologies (NASDAQ:AIRS) reported Q2 earnings of $0.09 per share, beating the analyst estimate of $0.04. However, sales of $51.00 million missed the $55.26 million estimate. Earnings decreased by 30.77% year-over-year, and sales decreased by 8.44% year-over-year.
August 09, 2024 | 10:20 am
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AirSculpt Technologies reported Q2 earnings of $0.09 per share, beating the $0.04 estimate, but sales of $51.00 million missed the $55.26 million estimate. Earnings decreased by 30.77% year-over-year, and sales decreased by 8.44% year-over-year.
While AirSculpt Technologies beat earnings estimates significantly, the miss on sales and the year-over-year declines in both earnings and sales create a mixed outlook. The stock may experience volatility as investors weigh the positive earnings surprise against the negative sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100