The Beauty Health pany(US:SKIN)2023-05-18 14:11Financial Performance - Q1 2023 net sales reached $863 million, a 14% year-over-year increase[12] - Q1 2023 adjusted EBITDA was $(05) million, while GAAP net loss was $(223) million[12] - The company is raising FY2023 net sales guidance to $460 - $480 million[13] - The company reaffirms long-range 2025 net sales and adjusted EBITDA targets[13] - Q1 2023 consumables revenue grew by 21% year-over-year, reaching $409 million[51] Regional Performance - Americas net sales increased by 34% year-over-year in Q1 2023[12] - EMEA net sales increased by 13% year-over-year in Q1 2023[12] - APAC net sales decreased by 22% year-over-year in Q1 2023, but increased by 35% adjusting for Q1 2022 Russia contribution[12] Strategic Initiatives - The company has a global install base of 4945 Syndeo systems[19] - Over 40000 estheticians have been trained globally[20] - The company is expanding its footprint and driving consumables growth[18]