- Solo Brands press release ( NYSE: DTC ): Q3 Non-GAAP EPS of $0.15 beats by $0.09 .
- Revenue of $102.2M (+47.3% Y/Y) beats by $17.06M .
- Adjusted EBITDA of $11.2M, down $6.9M, or 38.1%.
- Full Year 2022 Guidance : Total revenue is expected to grow 15% to 20% versus our prior guidance of a mid-20% range vs. estimated growth of 24.99% Y/Y.
- Adjusted gross margin, as previously guided, is planned to be above 60% of total revenue.
- Adjusted EBITDA margin, as previously guided, is expected to be in the mid-teens as a percentage of total revenue.
For further details see:
Solo Brands reports Q3 mixed earnings; updates FY22 revenue guidance range