The second quarter financial performance of So-Young International Inc. (NASDAQ: SY) was made public. The report was unveiled ahead of the trading session.
The company experienced a rise in the profit despite a decline in revenues compared to the previous year.
In the latest financial report, the business disclosed a quarterly income of $0.03 per share, while its revenues soared to $56.06 million.
The figures were consistent with the street estimated $0.03 profit per share, though they got better of $54.25 million in revenue
The topline fell 1.35 percent, where as the bottomline climbed 50 percent comparing to the identical quarter of prior year.
The company has outlined Q3 2024 revenue milestone falling in the range of $48.20 to $50.90 million. At the same time financial analysts on Wall Street anticipate from revenues of $61.51 million
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| Q3 2024 | REV | $48.2 M~$50.9 M | $62 M | -19.4% |
;
*Based on the outlook mid-point
During the previous trading day, So-Young Intl (SY) shares reached a low of $0.86 and a high of $0.96, along with a total volume of 150.60 thousand shares. The stock ended Thursday's regular trading session at $0.88, marking decrease of 4.35 percent.
