STRATA Skin Sciences Reports Q1 2025 Revenue Up 1% to $6.8M; Net Loss Narrows to $2.4M

Reuters
2025/05/15
STRATA Skin Sciences Reports Q1 2025 Revenue Up 1% to $6.8M; Net Loss Narrows to $2.4M

STRATA Skin Sciences Inc., a medical technology company focused on dermatologic treatments, reported its first quarter 2025 financial results. The company achieved revenue of $6.8 million, marking a 1% increase compared to the previous year. Global net recurring XTRAC® revenue reached $4.5 million, a slight decrease from $4.6 million in the prior year period. However, this was bolstered by 27% growth in international markets, which helped offset a 4% decline in the domestic market. The company reported a net loss of $2.4 million for the first quarter of 2025, showing an improvement from a net loss of $3.4 million in the same quarter of 2024. Total operating expenses decreased by 5% to $5.7 million, with significant reductions in engineering and product development costs by 60%, selling and marketing costs by 1%, and general and administrative expenses by 5% compared to the previous year. As of March 31, 2025, STRATA Skin Sciences had cash, cash equivalents, and restricted cash totaling $7.8 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. STRATA Skin Sciences Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-019005), on May 14, 2025, and is solely responsible for the information contained therein.

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