Waldencast Up 13% After Hours on Strong Q3 Results

Exec Edge

2024-11-21

By Karen Roman

Beauty company Waldencast plc (Nasdaq: WALD) said net revenue was $70.2 million on the third quarter, growing 30.8% compared to a year prior and causing its stock to trade 13% higher after hours.

Adjusted gross profit was $51.4 million representing 73.2% of net revenue with a 400-basis point increase, the company said.

Adjusted EBITDA increased 134.0% to $11.4 million due to sales growth on both Obagi Medical and Milk Makeup brands, it said.

“We are confident in our ability to deliver on our guidance of full year Comparable Net Revenue Growth above the 25.7% growth achieved in the second quarter while delivering Adjusted EBITDA Margin in the mid-teens as we continue to leverage the power of our Waldencast platform to drive growth and enhance profitability of our market leading brands,” said Michel Brousset, the company’s founder and CEO.

Contact:

executives-edge.com

Editor@executives-edge.com

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2485016172"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2485016172\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2485016172?lang=zh_TW&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/FEUtJsaXrvhEbDcLVDIh0A--~B/aD0xMDI4O3c9MTAyNjthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/exec_edge_220/db6f9b3d86318441a137848e13b78c72","is_english":true,"pubTime":"2024-11-21 06:41","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2485016172","market":"us","top_or_hot":-1,"title":"Waldencast Up 13% After Hours on Strong Q3 Results","media":"Exec Edge","content":"<html><body><p><img height=\"1028\" src=\"https://s.yimg.com/uu/api/res/1.2/P.Ku_cZq_st3bqBSOk_p1Q--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/exec_edge_220/db6f9b3d86318441a137848e13b78c72\" width=\"1026\"/></p>\n<p>By Karen Roman</p>\n<p>Beauty company Waldencast plc (Nasdaq: WALD) said net revenue was $70.2 million on the third quarter, growing 30.8% compared to a year prior and causing its stock to trade 13% higher after hours.</p>\n<p>Adjusted gross profit was $51.4 million representing 73.2% of net revenue with a 400-basis point increase, the company said.</p>\n<p>Adjusted EBITDA increased 134.0% to $11.4 million due to sales growth on both Obagi Medical and Milk Makeup brands, it said.</p>\n<p>“We are confident in our ability to deliver on our guidance of full year Comparable Net Revenue Growth above the 25.7% growth achieved in the second quarter while delivering Adjusted EBITDA Margin in the mid-teens as we continue to leverage the power of our Waldencast platform to drive growth and enhance profitability of our market leading brands,” said Michel Brousset, the company’s founder and CEO.</p>\n<p>Contact:</p>\n<p><strong>executives-edge.com</strong></p>\n<p>Editor@executives-edge.com</p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Waldencast Up 13% After Hours on Strong Q3 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWaldencast Up 13% After Hours on Strong Q3 Results\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Exec Edge</strong><span class=\"h-time small\">2024-11-21 06:41</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><p><img height=\"1028\" src=\"https://s.yimg.com/uu/api/res/1.2/P.Ku_cZq_st3bqBSOk_p1Q--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/exec_edge_220/db6f9b3d86318441a137848e13b78c72\" width=\"1026\"/></p>\n<p>By Karen Roman</p>\n<p>Beauty company Waldencast plc (Nasdaq: WALD) said net revenue was $70.2 million on the third quarter, growing 30.8% compared to a year prior and causing its stock to trade 13% higher after hours.</p>\n<p>Adjusted gross profit was $51.4 million representing 73.2% of net revenue with a 400-basis point increase, the company said.</p>\n<p>Adjusted EBITDA increased 134.0% to $11.4 million due to sales growth on both Obagi Medical and Milk Makeup brands, it said.</p>\n<p>“We are confident in our ability to deliver on our guidance of full year Comparable Net Revenue Growth above the 25.7% growth achieved in the second quarter while delivering Adjusted EBITDA Margin in the mid-teens as we continue to leverage the power of our Waldencast platform to drive growth and enhance profitability of our market leading brands,” said Michel Brousset, the company’s founder and CEO.</p>\n<p>Contact:</p>\n<p><strong>executives-edge.com</strong></p>\n<p>Editor@executives-edge.com</p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://finance.yahoo.com/news/waldencast-13-hours-strong-q3-224123127.html\">Exec Edge</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4183","symbol_name":"個人用品","start_time":0,"source_url":"https://finance.yahoo.com/news/waldencast-13-hours-strong-q3-224123127.html","article_id":"2485016172","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/FEUtJsaXrvhEbDcLVDIh0A--~B/aD0xMDI4O3c9MTAyNjthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/exec_edge_220/db6f9b3d86318441a137848e13b78c72"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485016172","pubTimestamp":1732142483,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Beauty company Waldencast plc  said net revenue was $70.2 million on the third quarter, growing 30.8% compared to a year prior and causing its stock to trade 13% higher after hours.Adjusted gross profit was $51.4 million representing 73.2% of net revenue with a 400-basis point increase, the company said.Adjusted EBITDA increased 134.0% to $11.4 million due to sales growth onboth Obagi Medical and Milk Makeup brands, it said.“We are confident in our ability to deliver on our guidance of full year Comparable Net Revenue Growth above the 25.7% growth achieved in the second quarter while delivering Adjusted EBITDA Margin in the mid-teens as we continue to leverage the power of our Waldencast platform to drive growth and enhance profitability of our market leading brands,” said Michel Brousset, the company’s founder and CEO.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4183":"个人用品","WALD":"Waldencast Acquisition Corp","WALDW":"Waldencast Acquisition Corp. Warrant"},"translate_title":"第三季度业绩强劲，Waldencast盘后上涨13%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WALD":0.9,"WALDW":0.9},"content_text":"By Karen Roman\nBeauty company Waldencast plc (Nasdaq: WALD) said net revenue was $70.2 million on the third quarter, growing 30.8% compared to a year prior and causing its stock to trade 13% higher after hours.\nAdjusted gross profit was $51.4 million representing 73.2% of net revenue with a 400-basis point increase, the company said.\nAdjusted EBITDA increased 134.0% to $11.4 million due to sales growth on both Obagi Medical and Milk Makeup brands, it said.\n“We are confident in our ability to deliver on our guidance of full year Comparable Net Revenue Growth above the 25.7% growth achieved in the second quarter while delivering Adjusted EBITDA Margin in the mid-teens as we continue to leverage the power of our Waldencast platform to drive growth and enhance profitability of our market leading brands,” said Michel Brousset, the company’s founder and CEO.\nContact:\nexecutives-edge.com\nEditor@executives-edge.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}