05:50 PM EDT, 08/27/2024 (MT Newswires) -- Waldencast ( WALD ) reported a Q2 net loss late Tuesday of $9 million, compared with a loss of $23.5 million a year earlier.

Two analysts polled by Capital IQ expected a $9.8 million loss.

Revenue for the quarter ended June 30 rose to $63.3 million from $49.4 million a year earlier.

Analysts surveyed by Capital IQ expected $58.3 million.

The company's shares were up about 20% in after-hours activity.

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