AirSculpt Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:01 pm EST
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AirSculpt Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 46.79 million compared to USD 38.89 million a year ago. Net loss was USD 1.67 million compared to USD 7.38 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.13 a year ago.
For the nine months, sales was USD 148.31 million compared to USD 128.09 million a year ago. Net income was USD 0.095 million compared to net loss of USD 7.49 million a year ago.
AirSculpt Technologies, Inc., through its wholly owned subsidiaries, is a provider of practice management services to professional associations (PAs) located throughout the United States, Canada, and the United Kingdom. The Company owns and operates non-clinical assets and provides its management services to the PAs through management services agreements (MSAs). Its direct medical procedure services segment. The Company offers fat removal procedures across treatment areas. It also offers fat transfer procedures that use the patientâs own fat cells to enhance the breasts, buttocks, hips, or other areas and do not require silicone or foreign materials to be implanted. Its body contouring procedures include the Power BBL, a Brazilian butt lift procedure, the Up a Cup, a breast enhancement procedure, and the Hip Flip, an hourglass contouring procedure. Its AirSculpt + procedure permanently removes fat and tightens the skin with unparalleled precision and finesse.
AIRSCULPT TECHNOLOGIES, INC. 
