BeautyHealth Showcases Robust Q3 Performance Amidst Hydrafacial Brand Expansion
November 12, 2024 – The Beauty Health Company (NASDAQ: SKIN), the parent company of the renowned Hydrafacial brand, unveiled its third quarter financial results. Despite industry challenges, the company demonstrated resilience with a revenue of $78.8 million and the attainment of adjusted EBITDA profitability.
CEO Marla Beck emphasized the successful debut of the new Hydralock HA Booster and the sustained demand for Hydrafacial treatments. These factors significantly contributed to the growth in consumables sales. During the quarter, the company implemented strategic initiatives, which included:
- Centralizing global manufacturing in Long Beach
- Appointing new Chief Revenue Officer, Ron Menezes
- Appointing new Chief Marketing Officer, Carrie Caulkins
“We delivered revenue above the midpoint of our guidance, with growth in consumables sales driven by sustained demand for Hydrafacial treatments,” Beck stated. The company now operates over 34,000 Hydrafacial devices globally, reinforcing its leadership in the hydradermabrasion category.
BeautyHealth has revised its full-year guidance to reflect stronger profitability expectations. The company continues to invest in science-backed innovation, ensuring its commitment to delivering high-quality skincare solutions.
Source: Business Wire