By Denny Jacob
AirSculpt Technologies widened its loss slightly as revenue declined in the fourth quarter.
The provider of premium body-contouring procedures posted a loss of around $5 million, or 9 cents a share, compared with a loss of $4.6 million, or 8 cents a share, in the prior-year period.
Stripping out certain one-time items, the Miami Beach, Fla., company reported a loss of 8 cents a share. Analysts polled by FactSet expected adjusted earnings of 1 cent a share.
Revenue declined to $39.2 million from $47.6 million. Analysts expected $43.4 million.
Case volume was 3,064 in the quarter, a nearly 17% decline from case volume of 3,680 in the prior-year period.
"While we have experienced an improvement in our lead generation as we begin 2025, we expect the reduction in our marketing activity at the end of 2024 to pressure our first-quarter performance," said Chief Executive Yogi Jashnani.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
March 14, 2025 06:40 ET (10:40 GMT)
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