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The Beauty Health Company Reports First Quarter Results for The HydraFacial Company

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The Beauty Health Company (SKIN) PT Raised to $16 at DA Davidson

May 14, 2021 8:51 AM EDT

DA Davidson analyst Linda Bolton Weiser raised the price target on The Beauty Health Company (NASDAQ: SKIN) to $16.00 (from $15.50) while maintaining a Buy rating.

The analyst commented, "Vesper Healthcare (VSPR) successfully de-SPACed (redemption rate of... More

The Beauty Health Company (SKIN) Reports Q1 Revenues of $47.5M; Offers FY21 Revenues Outlook

May 13, 2021 4:43 PM EDT

The Beauty Health Company (NASDAQ: SKIN) reported Q1 revenue for the quarter came in at $47.5 million, versus $32.5 million reported last year.

First Quarter Financial Highlights:

As previously announced by HydraFacial, Q1 net sales of $47.5 million, increased 46% and 37% from Q1 2020 and Q1 2019, respectively.Q1 delivery system sales increased to $25.6 million, compared to $14.1 million in Q1 2020 and $17.0 million in Q1 2019.Q1 consumables sales increased to $21.9 million, compared to $18.5 million in Q1 2020 and $17.7 million in Q1 2019.Q1 gross margin increased to... More