Evolus reports Q1 EPS (22c), consensus (10c)

Reports Q1 revenue $59.3M, consensus $57.3M. “Coming off a record year in 2023, we’re proud to carry the momentum into 2024 with our first quarter performance multiples above the market,” said David Moatazedi, CEO. “We are building a performance beauty company dedicated to cash-pay and focused on millennials. This creates a unique advantage in the market and is driving high customer and consumer satisfaction. These results underscore the continued growth of our brand awareness and the loyalty of our customers, who continue to choose Evolus. As we look ahead, we are committed to delivering innovative solutions that empower consumers within performance beauty. With our focus on excellence, we remain poised to seize the opportunities ahead, driving sustained growth with our expanded global portfolio, delivering on profitability milestones toward our total net revenue goal of at least $700 million by 2028, and solidifying Evolus’ position as a leader in its industry.”