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AirSculpt Technologies Lowers FY24 Outlook: Sees Revenues Of $180M-$190M Vs. $209.32M Estimate (Prior View: $220M); Plans Five New Centers To Open In The Second Half Of 2024 (Prior View: Six New Centers)

Author: Benzinga Newsdesk | August 09, 2024 06:24am

2024 Outlook

The Company is revising its full year 2024 revenue and adjusted EBITDA guidance as follows:

Revenues of approximately $180 to $190 million
Adjusted EBITDA of approximately $23 to $28 million
Adjusted EBITDA to cash flow from operations conversion ratio of approximately 50% (1)
Five new centers to open in the second half of 2024

Posted In: AIRS