VERO - Venus Concept reports Q2 earnings miss; narrows FY22 guidance
- Venus Concept press release ( NASDAQ: VERO ): Q2 GAAP EPS of -$0.16 misses by $0.09 .
- Revenue of $27.3M (+5.8% Y/Y) misses by $2.95M .
- Adjusted EBITDA loss for the second quarter of 2022 was $5.5M, compared to adjusted EBITDA income of $0.5M for the second quarter of 2021.
- Fiscal Year 2022 Revenue Guidance : The company now expects total revenue for the twelve months ending December 31, 2022 in the range of $110 million to $113 million vs. consensus of $126.82M, representing an increase of approximately 4% to 7%, year-over-year, compared to total revenue of $105.6 million for the twelve months ended December 31, 2021.
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Venus Concept reports Q2 earnings miss; narrows FY22 guidance