Evolus shares rise on upbeat 2024 revenue outlook
Share- Nishadil
- January 17, 2024
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Vadym Terelyuk/iStock via Getty Images Evolus ( NASDAQ: EOLS ) announced on Tuesday prelim Q4 revenue of ~$61M, an increase of 40% year over year. Shares of EOLS jumped 5.5% in after hours trading. Analysts on average expect Q4 revenue of $56.5M. The company reported prelim full year 2023 revenue of ~$202M, which marks a 36% jump.
Analysts on average expect 2023 revenue of $198M. EOLS expects 2024 revenue to be between $255M and $265M, higher than analysts' expectation of $253.3M. The company sees 2024 non GAAP operating expenses to be between $185M and $190M. EOLS expects non GAAP operating income to be positive in 2025.
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