AIRS Earnings Prediction
The chart below shows how AIRS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AIRS sees a +18.40% change in stock price 10 days leading up to the earnings, and a -3.69% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
AIRS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
42.55M
-9.07%
-16.58%
Gross Margin
51.19%
-7.93%
-10.82%
Operating Margin
-4.15%
-179.20%
138.51%
Net Margin
-14.20%
298.88%
125.76%
EPS
-0.10
-233.33%
66.67%
No Data Available
AIRS Earnings Analysis
AirSculpt Technologies, Inc. Common Stock Corporation (AIRS.O) Earnings Conference Call
Positive
Revenue Guidance Update: 1. Revenue Guidance Increase: The midpoint of revenue guidance for 2024 has been increased to a range of $183 million to $189 million, reflecting confidence in future performance.
De Novo Center Performance: 2. Successful De Novo Centers: Each of the U.S. centers opened in 2023 is performing ahead of the year one revenue objective of $4.5 million, achieving payback in less than one year.
Cash Flow Enhancement: 3. Cash Flow Improvement: Cash flow from operations for the quarter was $1.8 million, a significant increase from $0.6 million in the prior year quarter, indicating improved operational efficiency.
Cost Savings Progress: 4. Cost Savings Achieved: The company has identified and achieved half of its planned $1 million savings goal for the back half of the year, with an expectation of delivering $2 million in annualized savings.
Expanded Payment Solutions: 5. Increased Financing Options: The percentage of patients using financing to pay for procedures remained steady at 53%, with new payment options being introduced to enhance revenue per case and attract more customers.
Negative
Revenue Decline Analysis: 1. Declining Revenue: Revenue for Q3 2024 was $42.5 million, a decrease of 9.1% year-over-year, with same-store revenue down 13%.
Decline in Adjusted EBITDA: 2. Decreased Adjusted EBITDA: Adjusted EBITDA fell to $4.7 million, or 11% of revenue, compared to $9.1 million, or 19.4% of revenue, in the prior year quarter.
Rising Service Costs: 3. Increased Cost of Service: Cost of service as a percentage of revenue rose to 41.8%, up from 38.8% in the prior year, primarily due to new center openings and fixed costs.
Rising Customer Acquisition Costs: 4. Higher Customer Acquisition Costs: Customer acquisition cost increased to $2,900 per case, up from $2,750 in the prior year, despite efforts to reduce it.
Adjusted Quarterly Loss: 5. Adjusted Loss: The company reported an adjusted loss of $1.4 million for the quarter, translating to a loss of $0.02 per diluted share.
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AIRS Earning Call Sentiment
AirSculpt Technologies, Inc. (AIRS) Q3 2024 Earnings Call Transcript
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AIRS.O
-4.06%Positive
The earnings report highlighted a revenue decline of 9.1% YoY and an increase in costs, negatively impacting EBITDA margins. Despite optimistic growth opportunities and improved cash flow, increased CAC and regulatory risks pose concerns. No share repurchase program was announced, and debt levels remain unchanged. The Q&A revealed no significant demand change, but management's unclear responses and lack of specific guidance further contribute to a negative sentiment. Without a market cap, a conservative approach suggests a negative stock price movement of -2% to -8% over the next two weeks.