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Beauty Health Reports Q4 Loss, Lower Sales; Names Beck Permanent CEO -- Shares Rise After-Hours
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Beauty Health Reports Q4 Loss, Lower Sales; Names Beck Permanent CEO -- Shares Rise After-Hours
Mar 12, 2024 2:59 PM

05:38 PM EDT, 03/12/2024 (MT Newswires) -- Beauty Health ( SKIN ) reported a Q4 net loss late Tuesday of $0.07 per diluted share, compared with net income of $0.05 per share a year earlier.

Analysts polled by Capital IQ expected a loss of $0.10.

Net sales for the quarter ended Dec. 31 fell to $96.8 million from $98.1 million a year earlier. Analysts surveyed by Capital IQ expected $87.6 million.

For Q1, the company expects net sales of $77 million to $83 million. The consensus is for $85.5 million.

For 2024, Beauty Health ( SKIN ) said it expects net sales to be flat to up by low-single digits.

Separately, the company said it has appointed Marla Beck as permanent chief executive and president. Beck has been interim CEO since November 2023.

Beauty Health ( SKIN ) shares were up more than 20% in after-hours activity.

Price: 4.32, Change: +0.73, Percent Change: +20.33

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