Venus Concept Q2 profit misses estimates

Venus Concept

14/08/2025 21:14

Overview

Venus Concept Q2 revenue of $15.7 mln beats analyst expectations, per LSEG data

Net income and EPS for Q2 missed analyst expectations, per LSEG data

Co announced sale of Venus Hair business for $20 mln to focus on core operations

Outlook

Company not providing financial guidance for fiscal year 2025

Result Drivers

U.S. REVENUE GROWTH - U.S. revenue increased by 5% year-over-year, driven by a 23% rise in cash systems sales

INTERNATIONAL REVENUE DECLINE - International revenue decreased by 18% year-over-year, attributed to customer uncertainty about economic stability and tighter third-party lending practices

COST MANAGEMENT - Co focused on managing cash burn through disciplined cost management and targeted investments to support long-term growth, per CEO Rajiv De Silva

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$15.70 mln
$14.60 mln (2 Analysts)
Q2 EPS
Miss
-$8.03
-$6.54 (2 Analysts)
Q2 Net Income
Miss
-$11.70 mln
-$9.39 mln (2 Analysts)
Q2 Adjusted EBITDA
-$8.80 mln
Q2 Gross Margin
60.1%
Q2 Operating Income
Miss
-$9 mln
-$8.25 mln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."

Press Release: ID:nGNX8hV6LW

(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.)