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Mar 31, 2023
AirSculpt Q1 2023 Earnings Report
Reported a strong first quarter with revenue and case growth, progress on new center openings, and reaffirmed 2023 guidance.
Key Takeaways
AirSculpt Technologies reported a strong first quarter with a 15.9% increase in revenue to $45.8 million and a 15.3% increase in cases to 3,640. The company also announced the opening of a flagship center in London and reaffirmed its full-year 2023 revenue and adjusted EBITDA guidance.
Cases increased 15.3% over the prior year period to 3,640.
Revenue increased 15.9% over the prior year to $45.8 million.
Diluted loss per share for the quarter was $(0.00).
Diluted adjusted net income per share for the quarter was $0.10.
AirSculpt
AirSculpt
Forward Guidance
The Company continues to project full year 2023 revenue and adjusted EBITDA guidance as follows: •Revenues in a range of $187 to $192 million •Adjusted EBITDA in a range of $48 to $50 million