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Venus Concept (VERO)
NASDAQ:VERO
Earnings Data
Report Date
Aug 13, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-9.72Last Year’s EPS
-33.55Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: -9.47%
|Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging quarter for Venus Concept with significant revenue declines and increased net losses. Despite these challenges, there are positive strategic shifts towards cash sales and financial restructuring that could enhance long-term stability. Additionally, the upcoming product launch and cash system sales increase provide some optimism. However, the current economic environment and operational hurdles present immediate concerns.Company Guidance
During the first quarter of 2025, Venus Concept Inc. experienced a 22% year-over-year decline in revenue, primarily driven by a 25% drop in systems revenue and a high single-digit decline in procedure-related products and service revenue. The U.S. market saw a 16.5% revenue decrease, while international revenue fell by 29%. Cash system sales in the U.S. increased to 80% of total U.S. system sales, up from 75% last year. Gross profit decreased by 25% to $8.8 million, and the gross margin fell to 54.2% from 66.6% in the first quarter of 2024. Operating expenses were reduced by 6% to $18.3 million, resulting in a GAAP operating loss of $9.5 million. The net loss attributable to stockholders was $12.4 million, or $17.44 per share. Adjusted EBITDA loss widened to $8.3 million from $5.1 million in the previous year. The company ended the quarter with cash and cash equivalents of $3.2 million and total debt obligations of $35.5 million, reflecting a $4.2 million reduction in total debt. Despite economic uncertainties and market challenges, Venus Concept is focused on transitioning to higher-quality cash revenues and plans to launch a new body device in the second half of 2025.Increase in Cash System Sales
Cash system sales in the U.S. represented 80% of total U.S. system sales in the first quarter compared to 75% last year, indicating a strategic shift towards cash revenues.
Balance Sheet Enhancement
Venus Concept converted $11 million of Madryn debt to equity and secured a new bridge loan amendment from Madryn, improving financial stability and investor confidence.
Future Product Launch
The company plans to announce a new body device in the second half of 2025, with customer excitement and meaningful market uptake expected.
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VERO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VERO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $2.43 | $2.22 | -8.64% |
Mar 31, 2025 | $2.75 | $2.79 | +1.45% |
Nov 13, 2024 | $4.10 | $3.69 | -10.00% |
Aug 13, 2024 | $7.05 | $6.21 | -11.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Venus Concept (VERO) report earnings?
Venus Concept (VERO) is schdueled to report earning on Aug 13, 2025, TBA Not Confirmed.
What is Venus Concept (VERO) earnings time?
Venus Concept (VERO) earnings time is at Aug 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VERO EPS forecast?
VERO EPS forecast for the fiscal quarter 2025 (Q2) is -9.72.
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