TD Cowen Downgrades The Beauty Health Company (SKIN) to Market Perform
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Go back to TD Cowen Downgrades The Beauty Health Company (SKIN) to Market Perform
November 13, 2023 4:10 PM EST
Revises financial guidance on lower-than-expected U.S. revenue and incurs restructuring charges for device upgrades
Delivers net sales of $97.4 million driven by double digit growth in APAC and EMEA
LONG BEACH, Calif.--(BUSINESS WIRE)--
The Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today announced financial results for the third quarter ended September 30, 2023. For the quarter, net sales of $97.4 million increased +10% year-over-year, on the strength of performance in Asia-Pacific, including China, and EMEA. The quarter was overshadowed by lower-than-expected U.S. revenue and... More
November 13, 2023 4:05 PM EST
Beauty Industry Veteran and BeautyHealth Director Marla Beck to Serve as Interim CEO, Succeeding Andrew Stanleick
LONG BEACH, Calif.--(BUSINESS WIRE)--
The BeautyHealth Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today announced that Andrew Stanleick will depart the Company as President & Chief Executive Officer and relinquish his Board seat, effective November 19, 2023. Current BeautyHealth Director Marla Beck will serve as Interim Chief Executive Officer while the Companys Board of Directors completes a formal search for a new CEO.
On behalf of the Board of Directors,... More
