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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100