AirSculpt misses Q3 revenue estimates, cuts outlook
Overview
US body contouring procedures provider's Q3 revenue fell 8.7%, missing analysts' expectations
Adjusted loss per share was larger than expected, while adjusted EBITDA missed estimates
Company cut 2026 revenue and adjusted EBITDA guidance after Q3 underperformance
Outlook
AirSculpt cuts 2026 revenue outlook to $144 mln-$146 mln from $151 mln-$157 mln
Company lowers 2026 adjusted EBITDA guidance to $9 mln-$10 mln from $12 mln-$14 mln
Company expects third quarter performance trends to continue through year-end
Result Drivers
CASE VOLUME DECLINE - Co said lower case volume contributed to revenue decline
GLP-1 PROCEDURES - Co said expansion of GLP-1-related procedures represented about 10% of total cases in Q3
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $31.94 mln | $34.44 mln (4 Analysts) |
Q3 Adjusted Loss Per Share | Miss | $0.08 | $0.05 (4 Analysts) |
Q3 Net Loss | $7.2 mln | ||
Q3 Adjusted EBITDA | Miss | $400,000 | $1.67 mln (3 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the healthcare facilities & services peer group is "buy"
Wall Street's median 12-month price target for AirSculpt Technologies Inc is $3.00, about 108.3% above its November 5 closing price of $1.44
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)