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Stock impact report

Venus Concept Inc (VERO) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]

Venus Concept Inc. (VERO) 
Last venus concept inc. earnings: 3/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Lease Revenue Decrease: 39% year-over-year. Product System Revenue Decrease: 10% year-over-year. Gross Profit: $9.9 million, down 19% year-over-year. Gross Margin: 66.1% compared to 69.2% in the prior year. Total Operating Expenses: $17.1 million, down 10% year-over-year. Operating Loss: $7.2 million compared to $6.8 million in the prior year. Net Loss: $9.3 million or $1.28 per share. Adjusted EBITDA Loss: $5.9 million compared to $4.6 million last year. Cash and Cash Equivalents: $4.5 million as of September 30, 2024. Total Debt Obligations: $34.6 million as of September 30, 2024. Cash Used in Operations: $3.1 million, a 25% decrease year-over-year. Financial Outlook for Q4 2024: Expected total revenue of at least $17 million. Warning! GuruFocus has detected 5 Warning Signs with VERO. Release Date: November 13, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript International sales to distributors in Show less Read more
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