11:43 AM EDT, 03/13/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

Beauty Health's ( SKIN ) shares were up nearly 25% in recent Wednesday trading after the company posted better-than-expected Q4 results and named a new chief executive.

The company 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 $81.1 million.

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

Separately, the company said Marla Beck has been named permanent CEO and president. Beck has been interim CEO since November 2023.

Price: 4.46, Change: +0.87, Percent Change: +24.09