NASDAQ$AIRS
AirSculpt Technologies Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported third quarter results, with revenue and Adjusted EBITDA in line with expectations, despite challenges in the consumer environment.
AirSculpt Technologies reported a revenue of $42.5 million and a net loss of $6.0 million for the third quarter of 2024. The company's performance was in line with expectations, driven by new center openings and strategic progress, although same-center sales remained down. The company is focused on improving lead conversion and managing costs to return to positive revenue growth and improve margins.
- Case volume decreased by 4.3% to 3,277 compared to Q3 2023.
- Revenue declined by 9.1% to $42.5 million from $46.8 million in Q3 2023.
- Net loss was $6.0 million, compared to a net loss of $1.7 million in Q3 2023.
- Adjusted EBITDA was $4.7 million, down from $9.1 million in Q3 2023.
Headline financials
Revenue & EPS history
AirSculpt · Revenue · Quarterly
$42.5M
Forward guidance
The Company affirms the guidance provided on October 24, 2024 for revenue in the range of $183 million to $189 million as compared to its previous guidance provided with second quarter fiscal 2024 earnings of revenue in the range of $180 million to $190 million. The Company is also maintaining its full year 2024 adjusted EBITDA guidance as follows: Adjusted EBITDA of approximately $23 to $28 million Adjusted EBITDA to cash flow from operations conversion ratio of approximately 50% Five new centers to open in 2024
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q3 2024
-2.1%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+3.3%
Avg return
30 days after
32%
6 / 19 earnings
Positive
+40.5%
Q1 2023
Best reaction
-41.8%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -0.4% | -6.3% | — | |
| Q1 2026 | +11.6% | +34.7% | +47.4% | |
| Q3 2025 | -41.8% | -41.8% | -71.0% | |
| Q2 2025 | -10.5% | -7.0% | -2.4% | |
| Q1 2025 | +32.5% | +13.3% | +95.1% | |
| Q4 2024 | -2.7% | +1.7% | -38.1% | |
| Q3 2024 | +15.9% | +3.1% | -9.9% | |
| Q2 2024 | -12.9% | -4.8% | -8.6% | |
| Q1 2024 | -13.4% | -17.3% | -20.0% | |
| Q4 2023 | -4.1% | -0.5% | -2.7% | |
| Q3 2023 | -9.7% | -9.4% | -4.9% | |
| Q2 2023 | -1.8% | +0.5% | -6.2% | |
| Q1 2023 | +40.5% | +49.1% | +63.8% | |
| Q4 2022 | -18.6% | -12.1% | -17.7% | |
| Q3 2022 | -27.9% | -32.1% | -29.2% | |
| Q2 2022 | +20.6% | +19.4% | +4.2% | |
| Q1 2022 | -12.1% | -10.4% | -3.0% | |
| Q4 2021 | -10.9% | -2.6% | -1.1% | |
| Q3 2021 | +5.4% | +24.4% | +64.3% | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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