So-Young Q3 Outlook, Expects Total Revenues Of RMB350M ($48.2M) To RMB370M ($50.9M)
Portfolio Pulse from Benzinga Newsdesk
So-Young projects a revenue decline for Q3 2024, expecting between RMB350M ($48.2M) and RMB370M ($50.9M), a 9.2% to 4.0% decrease from Q3 2023. This outlook is based on current market conditions and preliminary estimates.
August 23, 2024 | 10:01 am
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So-Young's Q3 2024 revenue forecast indicates a decline of 9.2% to 4.0% compared to Q3 2023, suggesting potential challenges in market conditions and customer demand.
The projected revenue decline for So-Young in Q3 2024 suggests potential challenges in market conditions and customer demand, which could negatively impact investor sentiment and the stock price in the short term.
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