So-Young International Sees Revenue Boost from Medical Products, Stock Soars [Yahoo! Finance]
So-Young International Inc. - American Depository Shares (SY)
Company Research
Source: Yahoo! Finance
So-Young International reported revenue of $44.1 million, beating the analyst consensus estimate of $42.2 million. Revenues rose 2.6% year-over-year. The China-based consumption healthcare services provider registered GAAP EPADS of $0.01 versus the analyst consensus estimate of $0.00 Revenues beat estimates on higher sales of medical products and maintenance services from growing order volumes for cosmetic products and medical equipment. Information services and other revenues were $28.9 million (-0.7%Y/Y), primarily due to decreased medical service providers subscribing to information services on So-Young's platform. Reservation services revenues were $3.2 million (-22.3% Y/Y) primarily due to the commission rate and subsidy policy change. Sales of equipment and maintenance services revenues were $12.0 million (+23.3%), primarily due to increased sales of cosmetic products and medical equipment. Average mobile MAUs were 2.0 million, down from 3.4 million a year ago. The
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News
- At US$1.17, Is So-Young International Inc. (NASDAQ:SY) Worth Looking At Closely? [Yahoo! Finance]Yahoo! Finance
- So-Young Reports Unaudited First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- So-Young Reports Unaudited First Quarter 2024 Financial ResultsPR Newswire
- So-Young to Report First Quarter 2024 Financial Results on May 28, 2024PR Newswire
- Individual investors account for 40% of So-Young International Inc.'s (NASDAQ:SY) ownership, while private equity firms account for 32% [Yahoo! Finance]Yahoo! Finance
SY
Sec Filings
- 5/28/24 - Form 6-K
- 4/25/24 - Form 20-F
- 4/16/24 - Form 6-K
- SY's page on the SEC website