Venus Concept Announces Third Quarter of Fiscal Year 2024 Financial Results
Venus Concept Inc. (VERO)
Last venus concept inc. earnings: 3/30 04:05 pm
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Source: GlobeNewswire
TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, announced financial results for the three and nine months ended September 30, 2024. Summary of Financial Results & Recent Progress: Company continues to execute against Transformation Plan Cash used in operations for the first nine months of 2024 of $7.3 million, down 40% year-over-year Total revenue for the third quarter of $15.0 million, down 15% year-over-year, and below third quarter estimate of at “least $17.0 million”. Third quarter operating expenses declined 10% year-over-year; limiting GAAP operating loss to 6% year-over-year, despite 15% revenue declineThird quarter Adjusted EBITDA loss of $5.9 million, compared to $4.6 million last year On July 29, 2024, the Company announced that it received a medical device license issued by Health Canada to market the Venus Bliss MAX system in Canada. The Venus Bliss M
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- Venus Concept Inc (VERO) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
- Venus Concept Announces Expansion of International Distribution Network and Certification of Products in IndiaGlobeNewswire
- Venus Concept to Release Third Quarter of Fiscal Year 2024 Financial Results on November 13, 2024 [Yahoo! Finance]Yahoo! Finance
- Venus Concept to Release Third Quarter of Fiscal Year 2024 Financial Results on November 13, 2024GlobeNewswire
VERO
Sec Filings
- 12/20/24 - Form PRE
- 12/4/24 - Form 4
- 12/3/24 - Form 8-K
- VERO's page on the SEC website