AirSculpt Expects Preliminary Q3 Revenue Of Approximately $42.5M, Versus Consensus Of $41.317M, Down Approximately 9% YoY. Same-store Cases Declined 8.1% Over The Prior Year Period
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AirSculpt Technologies, Inc. reported preliminary Q3 revenue of $42.5M, slightly above consensus estimates but down 9% YoY. Same-store cases declined by 8.1% compared to the previous year. The company opened four new locations and plans to open a fifth soon.
October 24, 2024 | 10:40 am
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AirSculpt Technologies reported Q3 revenue of $42.5M, slightly above expectations but down 9% YoY. Same-store cases declined 8.1%, an improvement from the previous quarter's 14% decline. The company opened four new locations and plans to open a fifth.
The revenue slightly exceeded expectations, which is positive, but the YoY decline and decrease in same-store cases are concerning. The opening of new locations shows growth potential, balancing the negative aspects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100