Beauty Health (NASDAQ:SKIN) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$90.6m (down 23% from 2Q 2023).

• Net income: US$202.0k (down 94% from 2Q 2023).

• Profit margin: 0.2% (down from 2.9% in 2Q 2023). The decrease in margin was driven by lower revenue.

• EPS: US$0.002 (down from US$0.025 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Beauty Health Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Personal Products industry in the US.

Performance of the American Personal Products industry.

The company's shares are down 28% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Beauty Health has 2 warning signs we think you should be aware of.

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