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Jun 30, 2022
AirSculpt Q2 2022 Earnings Report
AirSculpt Technologies, Inc. reported results for the second quarter ended June 30, 2022
Key Takeaways
AirSculpt Technologies reported a revenue increase of 42.0% year-over-year to $49.7 million. Case volume increased by 22.5% and same-center revenue grew by 20.4%. Net income for the quarter was $0.6 million. The Board of Directors declared a $0.41 per share special cash dividend.
Revenue increased 42.0% from prior year period to $49.7 million
Strong same-center revenue growth of 20.4%
Robust cash flow from operations of $10.4 million
Expect to open four de novo centers per year
Forward Guidance
The Company is reiterating its revenue outlook of $175-179 million and its Adjusted EBITDA guidance in the range of $58 - $60 million. The Company has opened two centers in 2022 and anticipates opening two additional centers in the second half of the year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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