Earnings Call Summary | Venus Concept(VERO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Venus Concept(VERO.US) Q1 2024 Earnings Conference
The following is a summary of the Venus Concept Inc. (VERO) Q1 2024 Earnings Call Transcript:
以下是維納斯概念公司（VERO）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Venus Concept Inc. reported Q1 2024 revenues which exceeded expectations, though they reflect a 15% YoY decrease.
The company saw growth in cash system sales in both US and International markets during the first quarter.
International revenue increased over 30% sequentially in Q1 2024 due to high initial demand from new distribution partners and strong ARTAS system sales.
Global cash system sales saw a rise of over 20% quarter-over-quarter in Q1 2024, particularly in non-US markets.
Operating expenses were reduced by double-digits in Q1 2024, while cash from working capital generation grew 3.5x compared to Q1 2023.
Venus Concept Inc.公佈的2024年第一季度收入超出預期，儘管同比下降了15％。
該公司在第一季度在美國和國際市場的現金系統銷售額均有所增長。
由於新分銷合作伙伴的初始需求旺盛以及ARTAS系統銷售強勁，國際收入在2024年第一季度連續增長了30％以上。
2024年第一季度，全球現金系統銷售額同比增長20％以上，尤其是在非美國市場。
2024 年第一季度的運營支出減少了兩位數，而營運資本產生的現金與 2023 年第一季度相比增長了 3.5 倍。
Business Progress:
業務進展：
Venus Concept made significant strides in restructuring their debt obligations and securing bridge financing.
Financial support from Madryn Asset Management has been secured to meet near-term liquidity requirements.
The ongoing efforts to structurally and operationally optimize its international markets strategy continue to yield positive results for Venus Concept.
Important product development and regulatory clearance milestones were reached with the launch of Venus Versa Pro platform in the EU, and its approvals from Australian and Israeli regulatory bodies.
The company saw favorable advancements with new distributors sign-ups and improved performance in select direct markets like Australia and Israel, as well as improved distributor performance in the Rest of the World territories.
Venus Concept在重組債務和確保過渡性融資方面取得了長足的進步。
Madryn資產管理公司的財務支持已得到保障，以滿足短期的流動性需求。
在結構和運營上優化其國際市場戰略的持續努力繼續爲Venus Concept帶來積極成果。
隨着Venus Versa Pro平台在歐盟的推出以及澳大利亞和以色列監管機構的批准，產品開發和監管許可達到了重要的里程碑。
該公司在新的分銷商註冊方面取得了良好的進展，在澳大利亞和以色列等特定直銷市場的業績有所改善，世界其他地區的分銷商業績也有所改善。
More details: Venus Concept IR
更多詳情： 金星概念紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。