So-Young Reports Third Quarter 2019 Unaudited Financial Results
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So-Young International Inc. (SY) Reports Q3 EPS of $0.04, Revenues Beat; Offers Q4 Revenue Guidance Above Consensus
December 5, 2019 5:48 AM ESTSo-Young International Inc. (NASDAQ: SY) reported Q3 EPS of $0.04. Revenue for the quarter came in at $42.3 million versus the consensus estimate of $38.79 million.
Third Quarter 2019 Financial Highlights
Total revenues were RMB302.4 million (US$42.3 million1), an 79.6% increase from the same period of 2018 and exceeding the high-end of the Company's guidance range.Gross margin was 82.2%, compared with 85.7% in the same period of 2018.Income from operations was RMB20.0 million (US$2.8 million), compared with a loss from operation of RMB 22.1 million in the same period of 2018.Net income was RMB31.6... More