YSG - Yatsen Holding reports Q2 earnings; sees Q3 revenue of RMB738.4M and RMB872.7M

August, 25 2022 06:21 AM Yatsen Holding Limited American Depositary Shares each representing four Class A

Yatsen Holding press release ( NYSE: YSG ): Q2 Non-GAAP EPADS of -$0.05.
Revenue of $142.1M (-39.8% Y/Y).
Gross margin for the second quarter of 2022 was 62.9%, compared with 65.7% in the prior year period.
As of June 30, 2022, the company had cash, restricted cash and short-term investments of $457.3M, as compared with RMB3.14 billion as of December 31, 2021.
For the third quarter of 2022, the company expects its total net revenues to be between RMB738.4 million and RMB872.7 million, representing a year-over-year decline of approximately 35% to 45% vs. estimated decline of -43.39% Y/Y.

For further details see:

Company Name:	Yatsen Holding Limited American Depositary Shares each representing four Class A
Stock Symbol:	YSG
Market:	NYSE
Website:	ir.yatsenglobal.com