04:38 PM EDT, 05/13/2025 (MT Newswires) -- Waldencast ( WALD ) reported Q1 net loss late Tuesday of $20.7 million, widening from a $3.9 million loss a year earlier.

Analysts surveyed by FactSet expected a loss of $7.1 million.

Revenue for the quarter ended March 31 was $65.4 million, down from $68.3 million a year earlier.

Analysts polled by FactSet expected $68.1 million.

The company said it expects to deliver on its full-year guidance of mid-teens net revenue growth, considering "no further material changes to current tariffs."

Shares were down 7.6% in after-hours trading.