AirSculpt Q3 revenue falls misses estimates, trims forecast

Reuters11-07
AirSculpt Q3 revenue falls misses estimates, trims forecast

Overview

  • AirSculpt Q3 revenue declines 17.8% yr/yr, missing analyst expectations

  • Adjusted EBITDA for Q3 misses analyst estimates, declining to $3.0 mln

  • Company updates 2025 revenue and EBITDA guidance to lower bound of previous range

Outlook

  • Company updates 2025 revenue guidance to $153 mln, down from $160-$170 mln

  • AirSculpt expects 2025 adjusted EBITDA to be approximately $16 mln

  • Improvement in same store sales trends observed entering Q4

  • Company sees broader market opportunity due to structural shift in aesthetics space

Result Drivers

  • GLP-1 OPPORTUNITIES - Co sees broader market opportunity in aesthetics space due to GLP-1 use

  • DEBT REDUCTION - Co reduced debt by $18 mln and delivered positive cash flow YTD

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$35 mln

$39.50 mln (4 Analysts)

Q3 Net Income

-$9.50 mln

Q3 Adjusted EBITDA

Miss

$3 mln

$3.81 mln (4 Analysts)

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the healthcare facilities & services peer group is "buy."

  • Wall Street's median 12-month price target for AirSculpt Technologies Inc is $6.00, about 74.8% below its November 6 closing price of $10.49

Press Release: ID:nGNX8jNLv

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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