AirSculpt Q1 2022 Earnings Report
Key Takeaways
AirSculpt Technologies, Inc. announced strong first-quarter results, with revenue increasing by 51.3% to $39.5 million and case volume growing by 31.1%. The company is increasing its full-year revenue outlook to $175-$179 million.
Cases increased 31.1% from prior year period to 3,156 cases
Revenue increased 51.3% from prior year period to $39.5 million
Same-center cases increased 12.2% from the prior year period
Net loss was $(0.7) million
AirSculpt
AirSculpt
Forward Guidance
The Company is increasing its revenue outlook to $175-179 million while maintaining its Adjusted EBITDA guidance in the range of $58 - $60 million. The Company continues to expect the opening of four new centers during the year. One center opened in the first quarter, one center is expected to open in late second quarter, and the remaining two in the second half of the year.