Waldencast Reports Q3 2024 Financial Results
Waldencast plc - Class A Ordinary Share (WALD)
Company Research
Source: GlobeNewswire
$70.2 million of Net Revenue Q3 2024+34.6% Comparable Net Revenue GrowthBoth brands accelerating from Q2 2024+45.5% Obagi Medical and +23.5% Milk Makeup vs Q3 2023Adjusted EBITDA of $11.4 million, up +134.0% vs Q3 2023 LONDON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Waldencast plc (NASDAQ: WALD) (“Waldencast” or the “Company”), a global multi-brand beauty and wellness platform, today reported operating results for the three months ended September 30, 2024 (“Q3 2024”) and nine months ended September 30, 2024 ("Nine Months 2024") on Form 6-K to the U.S. Securities and Exchange Commission, which are also available on the Company's investor relations site at http://ir.waldencast.com/. Michel Brousset, Waldencast Founder and CEO, said: “We are pleased to report another quarter of strong results, with Comparable Net Revenue Growth of 34.6% and continued gross margin and Adjusted EBITDA expansion. This reflects the strength of both our Obagi Medical and Milk Makeup brands, driven by increased
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News
- Waldencast plc (NASDAQ: WALD) is now covered by analysts at TD Cowen. They set a "hold" rating and a $4.30 price target on the stock.MarketBeat
- Waldencast plc (NASDAQ: WALD) is now covered by analysts at TD Cowen. They set a "hold" rating and a $4.30 price target on the stock.MarketBeat
- Waldencast plc (NASDAQ: WALD) had its price target raised by analysts at DA Davidson from $7.25 to $7.50. They now have a "buy" rating on the stock.MarketBeat
- Waldencast plc (NASDAQ: WALD) had its price target raised by analysts at Canaccord Genuity Group Inc. from $5.00 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Waldencast PLC (WALD) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
WALD
Sec Filings
- 11/22/24 - Form 144
- 11/21/24 - Form 6-K
- 11/20/24 - Form 6-K
- WALD's page on the SEC website