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
Check Earnings Report
Company Research
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
Show less
Read more
Impact Snapshot
Event Time:
VERO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VERO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VERO alerts
High impacting Venus Concept Inc. news events
Weekly update
A roundup of the hottest topics
VERO
News
- 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
- Venus Concept Announces $15 million Debt-to-Equity Exchange TransactionGlobeNewswire
VERO
Sec Filings
- 11/13/24 - Form 10-Q
- 11/13/24 - Form 8-K
- 11/4/24 - Form 8-K
- VERO's page on the SEC website