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DTC - Solo Brands Non-GAAP EPS of $0.22 beats by $0.01 revenue of $130.93M misses by $0.71M
Solo Brands Inc. Class A
2023-08-03 06:57:11 ET
Solo Brands press release ( NYSE: DTC ): Q2 Non-GAAP EPS of $0.22 beats by $0.01 .
Revenue of $130.93M (-3.7% Y/Y) misses by $0.71M .
2023 Guidance: We reiterate a revenue range of $520 to $540 million with the most likely outcome at the midpoint of the range at $530 million. While we are reiterating our revenue guidance, we are raising our adjusted EBITDA margin target from 16.5% to 17.5% to 17% to 18% for the full year.