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YSG - Yatsen Holding beats Q4 top and bottom line estimates; initiates Q1 outlook
Yatsen Holding Limited American Depositary Shares each representing four Class A
2023-03-08 05:07:38 ET
Yatsen Holding press release ( NYSE: YSG ): Q4 Non-GAAP EPADS of $0.01 beats by $0.06 .
Revenue of $145.8M (-34.2% Y/Y) beats by $6.72M .
Gross margin for the fourth quarter of 2022 was 71.1%, as compared with 65.0% for the prior year period.
Outlook: For the first quarter of 2023, the company expects its total net revenues to be between RMB623.7 million and RMB712.8 million, representing a year-over-year decline of approximately 20% to 30%.