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AirSculpt Technologies Shares Down After Q1 Adjusted Earnings Fall
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AirSculpt Technologies Shares Down After Q1 Adjusted Earnings Fall
May 10, 2024 11:04 AM

01:48 PM EDT, 05/10/2024 (MT Newswires) -- AirSculpt Technologies ( AIRS ) shares fell 9% in recent Friday trading after the company earlier reported lower Q1 adjusted earnings.

The company reported Q1 adjusted earnings of $0.03 per diluted share, down from $0.09 a year earlier.

Two analysts surveyed by Capital IQ expected $0.08.

Revenue for the quarter ended March 31 was $47.6 million, up from $45.8 million a year earlier.

Three analysts surveyed by Capital IQ expected $50.1 million.

The company maintained its full-year 2024 revenue guidance of about $220 million. Three analysts surveyed by Capital IQ expect $219.1 million.

Price: 4.90, Change: -0.49, Percent Change: -9.04

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