Exceeded Revenue and Adjusted EBITDA Guidance
The Beauty Health Company exceeded both revenue and adjusted EBITDA guidance for the third consecutive quarter, driven by consumables revenue, margin expansion, and operational improvements.
Significant Gross Margin Improvement
Gross margin improved significantly with GAAP at 62.8% and adjusted at 65.9% for the quarter.
Successful Product Launches
The HydraFillic with Pep9 booster became the top-performing HydraFacial branded booster, contributing to booster sales growth in the Americas by over 8% year-on-year.
Debt Restructuring
The company restructured its debt, which included a convertible note exchange, extending the debt maturity profile and enhancing long-term financial flexibility.
Provider and Market Expansion
The company expanded to over 35,000 active devices globally, showing growth from 33,500 last year. There was also double-digit growth in consumables in EMEA.
Cash Position
The company closed the quarter with $212 million in cash following strategic debt restructuring.