Venus Concept Inc. (VERO) Q3 2024 Earnings Call Transcript Summary
Venus Concept Inc. (VERO) Q3 2024 Earnings Call Transcript Summary
Net loss for Q3 2024 widened to $9.3 million, or $1.28 per share, despite reductions in operating expenses and improvements in cash used in operations.The following is a summary of the Venus Concept Inc. (VERO) Q3 2024 Earnings Call Transcript:
以下是維納斯概念公司（VERO）2024年第三季度業績會講話稿的總結：
Financial Performance:
財務業績:
Total Q3 2024 revenue was $15 million, a decrease of $2.6 million or 15% year-over-year, with notable declines in the U.S. market.
Gross margin declined to 66.1% from 69.2% year-over-year, influenced by changes in revenue mix and geography.
Net loss for Q3 2024 widened to $9.3 million, or $1.28 per share, despite reductions in operating expenses and improvements in cash used in operations.
2024年第三季度總營業收入爲1500萬，同比減少260萬，降幅爲15%，美國市場特別顯著下降。
毛利率同比下降至66.1%，之前爲69.2%，受到營業收入結構和地域變化的影響。
2024年第三季度的淨虧損擴大至930萬，每股虧損1.28美元，儘管營業費用減少，運營現金使用得到了改善。
Business Progress:
業務進展：
Strategic shift towards prioritizing cash system sales is proving effective, with a significant increase to 76% of U.S. system sales being cash-based.
Key product introductions and certifications in international markets such as Australia and India anticipate contributing to future revenue growth.
Partnering with high-value distributors led to a 60% increase in sales to distributors in Q3, indicating successful repositioning in international markets.
向優先考慮現金系統銷售的戰略轉變正在取得成效，美國系統銷售中現金銷售比例顯著上升至76%。
在澳洲和印度等國際市場的關鍵產品推出和認證，預計將有助於未來營業收入的增長。
與高價值分銷商合作導致第三季度對分銷商的銷售增長了60%，這表明在國際市場上的成功重新定位。
Opportunities:
機會：
Registration of new products in significant markets like Australia and India poised to drive growth in upcoming quarters.
Expansion of aesthetic event offerings internationally enhances brand reach and customer engagement.
在澳洲和印度等重要市場註冊新產品將推動未來幾個季度的增長。
國際上擴展美容活動的產品提供增強了品牌的傳播力和客戶的參與度。
Risks:
風險：
Macroeconomic headwinds and high interest rates continue to impact the aesthetic sector, particularly affecting customer financing and delaying system adoption.
Longer deal cycles and the tightening lending environment pose challenges to expected revenue growth and capital equipment sales.
宏觀經濟逆風和高利率期貨持續影響美容板塊，尤其是影響客戶融資並延遲系統採納。
更長的交易週期和收緊的放貸環境對預期的營業收入增長和資本設備銷售構成挑戰。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
