AirSculpt Technologies (NASDAQ:AIRS) Releases Quarterly Earnings Results, Meets Estimates

Key Points

• AirSculpt Technologies reported earnings of $0.02 EPS for the quarter, meeting estimates, but fell short on revenue with $44.01 million compared to expectations of $45.59 million.
• The company has a negative net margin of 9.95% and a negative return on equity of 15.01%, reflecting financial challenges compared to previous performance.
• Invesco Ltd. has acquired a new position, purchasing 24,169 shares valued at around $56,000, and institutional investors now own 91.54% of AirSculpt's stock.

AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) announced its quarterly earnings data on Friday. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02, RTT News reports. The business had revenue of $44.01 million for the quarter, compared to the consensus estimate of $45.59 million. AirSculpt Technologies had a negative net margin of 9.95% and a negative return on equity of 15.01%. During the same quarter in the prior year, the firm posted $0.09 earnings per share. AirSculpt Technologies updated its FY 2025 guidance to EPS.

AirSculpt Technologies Stock Performance

Shares of AIRS opened at $5.91 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.57 and a current ratio of 0.57. The company has a market capitalization of $347.39 million, a price-to-earnings ratio of -19.70 and a beta of 2.50. The company's 50 day simple moving average is $5.19 and its 200 day simple moving average is $4.11. AirSculpt Technologies has a 1 year low of $1.53 and a 1 year high of $9.20.

Hedge Funds Weigh In On AirSculpt Technologies

An institutional investor recently bought a new position in AirSculpt Technologies stock. Invesco Ltd. purchased a new position in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 24,169 shares of the company's stock, valued at approximately $56,000. Institutional investors own 91.54% of the company's stock.

AirSculpt Technologies Company Profile

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.

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