EOLS - Evolus surges 18% after Q4 preliminary unaudited net revenue beat estimates
- Evolus ( NASDAQ: EOLS ) on Wednesday announced Q4 preliminary unaudited net revenue of about $43.6M, above analysts estimate of $43.21M.
- ( EOLS ) is trading ~18% higher.
- The company said it expects 2023 net revenue to be $180M to $190M. Analysts on an average expect revenue of $197.37M.
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- It estimates organic net revenue to reach $500M by 2028, a 22% CAGR
- Total net revenues for the full year 2022 were about $148.6 million, a 49% increase Y/Y and above estimates of $148.42M.
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- "We expect to grow two to three times faster than the market in the U.S. and expand our international presence, which will generate total net revenue of between $180 million and $190 million," the company said.
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- The company said accounts purchasing Jeuveau increased by more than 700 in the fourth quarter.
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Evolus surges 18% after Q4 preliminary unaudited net revenue beat estimates