- Honest Company press release ( NASDAQ: HNST ): Q3 GAAP EPS of -$0.13 misses by $0.05 .
- Revenue of $84.58M (+2.3% Y/Y) beats by $0.9M .
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Revenue
- Updates full year 2022 revenue outlook to be in the range of $310 to $315 million vs consensus of $319.37M, reflecting inventory adjustments (reducing weeks of supply) at a key digital customer
Adjusted EBITDA (1)
- Full year 2022 Adjusted EBITDA outlook remains within our range of negative $10 million to negative $20 million, closer to the higher-end of the range (negative $20 million), reflecting positive Adjusted EBITDA in the fourth quarter
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Honest Company GAAP EPS of -$0.13 misses by $0.05, revenue of $84.58M beats by $0.9M