On August 9, 2023, BEAUTY HEALTH ($NASDAQ:SKIN) reported its earnings results for the second quarter of FY2023 (ending June 30, 2023). The company’s total revenue for the quarter was USD 117.5 million, a 13.5% increase compared to the prior year. Unfortunately, net income saw a decrease of 57.1% year over year, totalling USD 3.4 million.
The stock opened at $8.0 and closed at $7.1, representing a drop of 5.4% from its prior closing price of $7.5. Overall, BEAUTY HEALTH shareholders experienced a difficult second quarter with the stock dropping by 5.4%. However, the company’s reported decrease in operating costs and net income may bring optimism to investors in the coming quarters. Live Quote…
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Beauty Health. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Beauty Health. More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Beauty Health. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Beauty Health are shown below. More…
Income Statement Ratios
Balance Sheet Ratios
Cash Flow Ratios
Other Supplementary Items
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At GoodWhale, we analysed the financials of BEAUTY HEALTH and have determined that it is a high risk investment. We detected 3 risk warnings within the organization’s income sheet, balance sheet, and cashflow statement. If you are interested in learning more about BEAUTY HEALTH’s financials, you can become a registered user and gain access to our detailed reports. Our analysis reveals that BEAUTY HEALTH has potential for success, but their current financial situation is not entirely secure. We suggest that investors thoroughly assess the company’s finances before making any commitments. As a registered user, you can view our complete findings and make an informed decision about whether or not to invest in BEAUTY HEALTH. More…
Risk Rating Analysis
Star Chart Analysis
The company’s products are available in more than 30 countries and it has a strong presence in the United States, Europe, and Asia. The company’s products are sold through a network of distributors, retailers, and online retailers. The company has a strong focus on research and development and has a team of scientists that are constantly innovating new products. The company’s products are backed by a 100% satisfaction guarantee.
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Beauty Health, a publicly traded company, recently reported its second quarter earnings for FY2023. Revenue increased by 13.5% compared to the same period last year, totaling USD 117.5 million. Despite the positive growth in revenue, net income saw a 57.1% decrease year over year, resulting in a total of USD 3.4 million. This news caused the stock price of Beauty Health to decline on the same day.
Investors should be aware of this lower-than-expected net income when considering an investment in Beauty Health. Long-term investors may find the company’s revenue growth encouraging, however, as this signals potential for future growth and stability.