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Beauty Health (SKIN) International Revenue Performance Explored
SKINThe Beauty Health pany(SKIN) ZACKS·2024-11-18 15:15

Core Insights - The Beauty Health Company (SKIN) experienced a total revenue of 78.8millionforthequarterendingSeptember2024,reflectingayearoveryeardeclineof19.178.8 million for the quarter ending September 2024, reflecting a year-over-year decline of 19.1% [4] - The company's international revenue performance is critical for assessing its financial resilience and growth prospects, especially in the context of a globally interconnected economy [2][9] International Revenue Breakdown - EMEA contributed 20.43% of total revenue, amounting to 16.1 million, which was a slight miss compared to analyst expectations of 16.16million.Thisrepresentsadeclinefrom16.16 million. This represents a decline from 19.2 million (21.19%) in the previous quarter and 21.1million(21.6621.1 million (21.66%) in the same quarter last year [5] - Asia Pacific generated 10.8 million, accounting for 13.71% of total revenue, which was significantly below the expected 14.08million,markingadeclinefrom14.08 million, marking a decline from 13.6 million (15.01%) in the previous quarter and 24.7million(25.3624.7 million (25.36%) in the year-ago quarter [6] Revenue Forecasts - Analysts predict total revenue of 76.58 million for the current fiscal quarter, indicating a decline of 20.9% from the prior-year quarter. Expected contributions from EMEA and Asia Pacific are 16.2million(21.216.2 million (21.2%) and 15.82 million (20.7%), respectively [7] - For the entire year, total revenue is forecasted at 327.38million,areductionof17.7327.38 million, a reduction of 17.7% from the previous year, with EMEA expected to contribute 68.27 million (20.9%) and Asia Pacific $57.88 million (17.7%) [8] Market Observations - The company's reliance on international markets presents both opportunities and risks, making it essential to monitor international revenue trends for future forecasts [9] - Wall Street analysts are closely observing these international revenue patterns, especially given the complexities of global interdependence and geopolitical issues [10]