AirSculpt Technologies Reports for First Quarter Earnings
AirSculpt Technologies, Inc. (AIRS)
Company Research
Source: GlobeNewswire
MIAMI BEACH, Fla., May 10, 2024 (GLOBE NEWSWIRE) -- AirSculpt Technologies, Inc. (NASDAQ:AIRS) (“AirSculpt” or the “Company”), a national provider of premium body contouring procedures, today announced results for the first quarter ended March 31, 2024. First Quarter Cases increased 2.9% over the prior year period to 3,746Revenue increased 3.9% over the prior year to $47.6 millionNet income of $6.0 million for the quarter compared to $(0.0) million in the prior year periodDiluted income per share for the quarter of $0.10Six planned openings in 2024 “We grew revenues about 4% in the quarter driven by the de novo locations we opened in the prior year. These centers continue to outpace our internal projections and give us even greater confidence in our 2024 openings,” said Todd Magazine, Chief Executive Officer of AirSculpt. “Consistent with other companies in aesthetics and high-end retail, we experienced softness due to macro-economic headwinds; which affected our same store perfo
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AIRS
News
- AirSculpt Technologies, Inc. (NASDAQ: AIRS) was downgraded by analysts at Leerink Partnrs from a "strong-buy" rating to a "hold" rating.MarketBeat
- AirSculpt Technologies, Inc. (NASDAQ: AIRS) was downgraded by analysts at Raymond James from a "moderate buy" rating to a "hold" rating.MarketBeat
- AirSculpt Technologies, Inc. (NASDAQ: AIRS) was downgraded by analysts at SVB Leerink LLC from an "outperform" rating to a "market perform" rating. They now have a $5.00 price target on the stock, down previously from $8.25.MarketBeat
- AirSculpt Technologies, Inc. (NASDAQ:AIRS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, AirSculpt Technologies (AIRS) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
AIRS
Earnings
- 5/10/24 - Beat
AIRS
Sec Filings
- 5/10/24 - Form 10-Q
- 5/10/24 - Form 8-K
- 5/9/24 - Form 4
- AIRS's page on the SEC website