So-Young Reports Second Quarter 2019 Unaudited Financial Results
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So-Young International Inc. (SY) Misses Q2 EPS by 2c, Revenues Beat; Offers Q3 Revenue Guidance Below Consensus
August 29, 2019 7:15 AM EDTSo-Young International Inc. (NASDAQ: SY) reported Q2 EPS of $0.03, $0.02 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $41.5 million versus the consensus estimate of $38.76 million.
Second Quarter 2019 Financial Highlights
Total revenues were RMB285.0 million (US$41.5 million1), an 87.3% increase from the same period of 2018 and exceeding the high-end of the Company's guidance range.Gross margin was 82.5%, compared with 86.1% in the same period of 2018.Income from operations was RMB10.4 million (US$1.5 million), compared with RMB7.8 million in the same period of 2018.Net income was RMB29.3 million (US$4.3... More