AIRS - AirSculpt Technologies GAAP EPS of -$0.13 misses by $0.10 revenue of $40.7M misses by $0.45M

2023-03-10 06:04:33 ET

• AirSculpt Technologies press release ( NASDAQ: AIRS ): Q4 GAAP EPS of -$0.13 misses by $0.10 .
• Revenue of $40.7M (+8.4% Y/Y) misses by $0.45M .

• adjusted EBITDA for the quarter was $9.0 million compared to $10.2 million for the prior year period.

• FYGuidance:
• Revenues in a range of $187 to $192 million vs consensus of $202.95M
• Adjusted EBITDA in a range of $48 to $50 million
• Adjusted EBITDA to cash flow from operations conversion ratio of approximately 55%
• The addition of five new centers, three in the first half of the year and two in the second half of the year
• Q1 guidance:
• First quarter revenue of approximately $43 million vs consensus of $45.99M
• First quarter adjusted EBITDA of approximately $10 million
• Shares +2% PM.

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