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Evolus (EOLS) Surges 28.3%: Is This an Indication of Further Gains?
ZACKS· 2025-01-22 13:51
Evolus, Inc. (EOLS) shares rallied 28.3% in the last trading session to close at $13.48. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3% loss over the past four weeks.The sharp upsurge in EOLS shares can be attributed to positive market sentiment surrounding the company’s impressive preliminary results and strong growth outlook. Evolus reported a strong preliminary Q4 2024 performance, posting $79 million ...
Evolus(EOLS) - 2024 Q4 - Annual Results
2025-03-04 21:08
[Evolus Announces Record 2024 Results and Strong 2025 Outlook](index=1&type=section&id=Evolus_Announces_Record_2024_Results_and_Strong_2025_Outlook) Evolus reported record 2024 financial results and outlined a strategic vision for multi-product growth and profitability through 2028 [Fourth Quarter and Full-Year 2024 Preliminary Financial Highlights](index=1&type=section&id=Fourth_Quarter_and_Full_Year_2024_Preliminary_Financial_Highlights) Evolus reported preliminary unaudited net revenue of $79.0 million for Q4 2024, a 30% increase year-over-year, and $266.3 million for full-year 2024, a 32% increase, reaching the top of its guidance range, marking the fifth consecutive year of over 30% revenue growth Preliminary Unaudited Net Revenue (2024 vs. Prior Year) | Metric | Q4 2024 (Preliminary) | YoY Growth | FY 2024 (Preliminary) | YoY Growth | | :----- | :-------------------- | :--------- | :-------------------- | :--------- | | Net Revenue | $79.0 Million | 30% | $266.3 Million | 32% | *Note: FY 2024 revenue was at the top of the company's guidance of $260 million to $266 million* [Strategic Vision and 2025-2028 Outlook](index=2&type=section&id=Strategic_Vision_and_2025_2028_Outlook) Evolus is transitioning from a single-product company to a multi-product innovator with the upcoming launch of Evolysse HA gels, leveraging its scalable cash-pay model and differentiated portfolio, aiming for over 30% revenue expansion in 2025 and targeting at least $700 million in net revenue and a 20% non-GAAP operating income margin by 2028 - Evolus is transitioning to a multi-product innovator with the upcoming launch of **Evolysse injectable HA gels**, complementing its existing Jeuveau and Nuceiva products[4](index=4&type=chunk) - The company maintains a projection for **over 30% revenue expansion in 2025** and has a long-term goal of achieving at least **$700 million in net revenue** and a **non-GAAP operating income margin of at least 20% by 2028**[4](index=4&type=chunk) [Preliminary Unaudited 2024 Results and Key Business Highlights](index=2&type=section&id=Preliminary_Unaudited_2024_Results_and_Key_Business_Highlights) This section details Evolus's preliminary unaudited 2024 financial performance, operational achievements, and cash position, highlighting strong revenue growth and customer engagement [Financial Performance (Q4 and Full-Year 2024 Net Revenue)](index=2&type=section&id=Financial_Performance_Q4_and_Full_Year_2024_Net_Revenue) Total net revenues for Q4 2024 increased by 30% to $79.0 million, and full-year 2024 net revenues grew 32% to $266.3 million, driven primarily by higher volumes and market share gains, exceeding 30% growth for the fifth consecutive year and reaching the top of company guidance 2024 Preliminary Unaudited Net Revenue | Metric | Q4 2024 | YoY Growth | Full-Year 2024 | YoY Growth | | :----- | :-------- | :--------- | :------------- | :--------- | | Net Revenue | $79.0 million | 30% | $266.3 million | 32% | *Note: Full-year 2024 revenue was at the top of the company's guidance of $260 million to $266 million* [Operational Achievements and Customer Engagement](index=2&type=section&id=Operational_Achievements_and_Customer_Engagement) Evolus significantly expanded its customer base for Jeuveau, adding over 2,900 new accounts in 2024, surpassing 50% U.S. account penetration, while the Evolus Rewards loyalty program also saw substantial growth, reaching 1.1 million consumers, with strong reorder rates and repeat patient demand - Jeuveau accounts increased by approximately **830** in Q4 2024, and **over 2,900 new accounts** were added in 2024, bringing the total to **over 15,300**, surpassing **50% U.S. account penetration**[7](index=7&type=chunk) - The reorder rate among Jeuveau customers remains at approximately **70%**[7](index=7&type=chunk) - Enrollment in the Evolus Rewards consumer loyalty program grew **over 40% in 2024** to approximately **1.1 million consumers**, with record high redemptions in Q4, driven by **60% repeat patient treatments**[7](index=7&type=chunk) [Cash Position](index=2&type=section&id=Cash_Position) As of December 31, 2024, Evolus reported cash and cash equivalents of $87.0 million, an increase from $85.0 million on September 30, 2024, reflecting strong sales growth, cash collections, and prudent expense management Cash and Cash Equivalents | Date | Amount | | :--- | :----- | | Dec 31, 2024 | $87.0 million | | Sep 30, 2024 | $85.0 million | [2025 Guidance and Select Milestones](index=2&type=section&id=2025_Guidance_and_Select_Milestones) Evolus provides its 2025 financial guidance, projecting significant revenue growth and outlining key product development and regulatory milestones for the year [2025 Financial Guidance](index=2&type=section&id=2025_Financial_Guidance) Evolus estimates total net revenues for 2025 to be between $345 million and $355 million, representing 30% to 33% growth from preliminary 2024 results, with non-GAAP operating expenses projected at $230 million to $240 million, and the company expecting to achieve positive non-GAAP operating income for the full year, concentrated in Q4 2025 2025 Financial Guidance | Metric | 2025 Guidance | Growth from Preliminary 2024 | Contribution from Evolysse/Estyme | | :----- | :-------------- | :--------------------------- | :------------------------------- | | Net Revenue | $345M - $355M | 30% - 33% | 8% - 10% | | Non-GAAP Operating Expenses | $230M - $240M | - | - | - Evolus expects to achieve **positive non-GAAP operating income** on a consolidated basis for the full-year 2025, with profitability concentrated in **Q4 2025** following the launch of Evolysse HA gels[7](index=7&type=chunk)[8](index=8&type=chunk) [Product Development and Regulatory Milestones](index=3&type=section&id=Product_Development_and_Regulatory_Milestones) Evolus anticipates U.S. FDA approval for Evolysse Form and Evolysse Smooth injectable HA gels within 90 days, with the U.S. launch planned for Q2 2025, a full quarter ahead of the prior timeline, marking a significant step in the company's transition to a multi-product portfolio - **U.S. FDA approval** for **Evolysse Form and Evolysse Smooth injectable HA gels** is expected **within 90 days**[3](index=3&type=chunk)[8](index=8&type=chunk) - The **U.S. launch of Evolysse HA gels** is planned for **Q2 2025**, which is **a full quarter ahead** of the previously announced timeline[3](index=3&type=chunk)[8](index=8&type=chunk) [Additional Company Information](index=3&type=section&id=Additional_Company_Information) This section provides background on Evolus, clarifies the use of non-GAAP financial measures, and includes important disclaimers regarding forward-looking statements [About Evolus, Inc.](index=3&type=section&id=About_Evolus_Inc) Evolus is a global performance beauty company focused on evolving the aesthetic neurotoxin market with its flagship product, Jeuveau, and is expanding its portfolio by becoming the exclusive U.S. distributor for Evolysse and European distributor for Estyme, a line of unique injectable hyaluronic acid gels, which are currently in late-stage regulatory approval - Evolus is a global performance beauty company specializing in aesthetic neurotoxins, with **Jeuveau (prabotulinumtoxinA-xvfs)** as its flagship product[9](index=9&type=chunk) - The company is expanding its product portfolio by becoming the **exclusive U.S. distributor for Evolysse** and **exclusive European distributor for Estyme**, a line of **injectable hyaluronic acid (HA) gels**, which are in late-stage regulatory approval[9](index=9&type=chunk) [Use of Non-GAAP Financial Measures](index=3&type=section&id=Use_of_Non_GAAP_Financial_Measures) Evolus uses non-GAAP financial measures, including non-GAAP operating expenses, income (loss) from operations, and operating income margin, which exclude specific items like revaluation of contingent royalty obligations, stock-based compensation, and depreciation/amortization, provided to help investors assess operating performance, though they have limitations and are not a substitute for GAAP measures, with a reconciliation for forward-looking non-GAAP measures not available without unreasonable efforts - Evolus uses **non-GAAP financial measures** (operating expenses, income/loss from operations, operating income margin) that exclude **revaluation of contingent royalty obligations**, **stock-based compensation expense**, and **depreciation and amortization**[10](index=10&type=chunk) - Management believes these non-GAAP measures help investors assess the company's operating performance against comparable companies, but they are **not superior to or a substitute for GAAP financial measures**[10](index=10&type=chunk) - A reconciliation of forward-looking non-GAAP measures to comparable GAAP measures is **not available without unreasonable efforts** due to the inherent difficulty of forecasting certain reconciling items[10](index=10&type=chunk)[11](index=11&type=chunk) [Forward-Looking Statements](index=4&type=section&id=Forward_Looking_Statements) This section contains a standard disclaimer regarding forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from projections, highlighting specific forward-looking aspects such as product launches, market conditions, regulatory approvals, financial outlook, and operational efficiency, and advises against undue reliance on preliminary unaudited financial information - The press release contains **forward-looking statements** regarding future events, business, financial condition, and prospects, including anticipated product launches, market conditions, regulatory timing, and financial outlook for 2025 and beyond[12](index=12&type=chunk) - These statements are subject to **risks and uncertainties**, such as compliance with settlement agreements, funding, economic conditions, customer adoption, competition, and regulatory approvals, which could cause actual results to **differ materially**[12](index=12&type=chunk) - Preliminary estimates of unaudited financial results for Q4 and FY 2024 are forward-looking and may **differ materially** from actual results, and should **not be viewed as a substitute for full GAAP financial statements**[12](index=12&type=chunk)
Evolus: Still Bullish, But Business Faces Tricky Challenges In '25
Seeking Alpha· 2025-01-14 19:00
Group 1: Investment Opportunities and Resources - The Haggerston BioHealth marketplace channel offers at least 4 exclusive stock tips weekly, focusing on Pharma, Biotech, and Healthcare sectors [1] - The channel provides access to a model portfolio, investment bank-grade financial models, and research for investors [1] - The group caters to both novice and experienced biotech investors, offering catalysts, buy/sell ratings, product sales forecasts, integrated financial statements, discounted cash flow analysis, and market-by-market analysis [2] Group 2: Expertise and Background - Edmund Ingham, a biotech consultant with over 5 years of experience covering biotech, healthcare, and pharma, leads the Haggerston BioHealth investing group [2] - He has compiled detailed reports on over 1,000 companies in the biotech, healthcare, and pharma sectors [2]
Here's Why Evolus (EOLS) Could be Great Choice for a Bottom Fisher
ZACKS· 2024-11-18 15:55
The price trend for Evolus, Inc. (EOLS) has been bearish lately and the stock has lost 11.5% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that mak ...
Down -29.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Evolus (EOLS)
ZACKS· 2024-11-14 15:35
A downtrend has been apparent in Evolus, Inc. (EOLS) lately with too much selling pressure. The stock has declined 29.8% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for sp ...
Evolus, Inc. (EOLS) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-07 00:26
Evolus, Inc. (EOLS) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -137.50%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.07, delivering a surprise of -75%.Over the last four quarters, the company has not been ab ...
Evolus(EOLS) - 2024 Q3 - Quarterly Report
2024-11-06 21:37
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to _______ ...
Evolus(EOLS) - 2024 Q3 - Quarterly Results
2024-11-06 21:15
Evolus Reports Third Quarter 2024 Results • Total Net Revenue of $61.1 Million for Q3 2024, Up 22% from Q3 2023; Year-To-Date Growth of 33% • Received Approval for Estyme Injectable Hyaluronic Acid (HA) Gels in the European Union; Experience Program to Launch Immediately with Full Launch Expected in the Second Half of 2025 • Premarket Approval (PMA) Application for Evolysse™ Form and Evolysse™ Smooth Injectable HA Gels Currently Under Review by the U.S. Food and Drug Administration (FDA) with Approval and L ...
Evolus, Inc. (EOLS) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-07-31 23:46
Evolus, Inc. (EOLS) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -75%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.13, delivering a surprise of -85.71%. Over the last four quarters, the company has surpassed ...
Evolus (EOLS) Releases Favorable Dermal Fillers Study Data
zacks.com· 2024-05-21 16:01
Evolus, Inc. (EOLS) has announced favorable results from its pivotal U.S. nasolabial fold (NLF) study of dermal filler products, Evolysse Lift and Smooth. Presented at the 2024 SCALE Meeting, these results represent a significant milestone in the company's strategic expansion within the aesthetic device market. These promising results bolster the company's upcoming Premarket Approval Application ("PMA") for the U.S. launch of Evolus's dermal filler lines. Evolus plans to submit the PMA applications for Evol ...