Brief: Venus Concept Announces Fourth Quarter And Fiscal Year 2022 Financial Results

Venus Concept

27/03/2023 12:23

March 27 (Reuters) - Venus Concept Inc  VERO.O :
    * VENUS CONCEPT ANNOUNCES FOURTH QUARTER AND FISCAL YEAR
2022
FINANCIAL RESULTS; INTRODUCES FISCAL YEAR 2023 REVENUE GUIDANCE
    * Q4 REVENUE FELL 26 PERCENT TO $24.3 MILLION
    * EXPECTS RESTRUCTURING PLAN TO RESULT IN TOTAL ANNUAL
PRE-TAX
SAVINGS OF $13 MILLION TO $15 MILLION BEGINNING IN 2024
    * EXPECTS TOTAL REVENUE FOR TWELVE MONTHS ENDING DECEMBER
31, 2023
IN RANGE OF $90.0 MILLION TO $95.0 MILLION
    * QTRLY LOSS PER SHARE $0.14
    * Q4 EARNINGS PER SHARE VIEW $-0.14, REVENUE VIEW $23.8
MILLION --
REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $103.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX2QBLHv 
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