YSG - Yatsen Holding Non-GAAP EPADS of -$0.04 revenue of $140.5M; issues Q2 guidance
Yatsen Holding press release (NYSE:YSG): Q1 Non-GAAP EPADS of -$0.04. Revenue of $140.5M (-36.3% Y/Y). Gross margin for the first quarter of 2022 was 69.0%, compared with 68.6% in the prior year period. As of March 31, 2022, the Company had cash, cash equivalents and short-term investments of $467.8M, as compared with RMB3.14 billion as of December 31, 2021. For the second quarter of 2022, the company expects its total net revenues to be between RMB808.3 million and RMB960.8 million, representing a year-over-year decline of approximately 37% to 47% vs. estimated decline of 38.98% Y/Y.
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Yatsen Holding Non-GAAP EPADS of -$0.04, revenue of $140.5M; issues Q2 guidance