Brief: Olaplex Reports Q1 2023 Results

Olaplex Holdings

09/05/2023 11:53

May 9 (Reuters) - Olaplex Holdings Inc  OLPX.O :
    * OLAPLEX REPORTS FIRST QUARTER 2023 RESULTS
    * Q1 EARNINGS PER SHARE VIEW $0.04, REVENUE VIEW $110.2
MILLION --
REFINITIV IBES DATA
    * SEES 2023 NET SALES $563 MILLION - $634 MILLION
    * FY2023 REVENUE VIEW $586.3 MILLION -- REFINITIV IBES DATA
    * SEES 2023 ADJUSTED NET INCOME $176 MILLION - $224 MILLION
    * SEES NET SALES IN Q2 TO MODESTLY IMPROVE ON SEQUENTIAL
BASIS
FROM Q1 OF & REMAIN DOWN SIGNIFICANTLY COMPARED TO A YEAR AGO
    * Q2 REVENUE VIEW $147.8 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9wqm6D 
Further company coverage:  OLPX.O 

 ((Reuters.Briefs@thomsonreuters.com;))