The Beauty Health Company (SKIN) Misses Q3 EPS by 63c; lowers guidance
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The Beauty Health Company (SKIN) plunges on Q3 miss as problems persist
November 14, 2023 9:09 AM ESTThe Beauty Health Company (NASDAQ: SKIN) shares plummeted more than 50% in premarket trading after the company missed consensus third-quarter estimates by a wide margin when it reported after the close on Monday.
The company reported a Q3 loss per share of $0.56, $0.63 worse than the analyst estimate of a profit of $0.07 per share. Meanwhile, revenue for the quarter came in at $97.4 million versus the consensus estimate of $116.23 million.
SKIN, home to flagship brand Hydrafacial, also revised its fiscal year 2023 net sales guidance to a range of $385 to $400 million, its fiscal year... More
