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AirSculpt Technologies, Inc. - $AIRS STOCK NEWS

Welcome to our dedicated page for AirSculpt Technologies news (Ticker: $AIRS), a resource for investors and traders seeking the latest updates and insights on AirSculpt Technologies stock.

AirSculpt Technologies, Inc. (NASDAQ: AIRS) is an innovative leader in the body contouring industry, delivering premium cosmetic procedures under its renowned brand, Elite Body Sculpture. Utilizing its patented AirSculpt® technology, the company offers minimally invasive procedures that remove unwanted fat, tighten skin, and sculpt targeted areas of the body. These procedures are designed for quick healing with minimal bruising, making them highly sought after among patients looking for effective and efficient results.

Established in 2012, AirSculpt has expanded its reach with over 27 state-of-the-art facilities across the United States, Canada, and the United Kingdom. Recent expansions include the redesign of its Scottsdale location and the relocation of its Atlanta office to cater to the growing demand for its services. The company has continually innovated, recently introducing the AirSculpt® Lift for facial rejuvenation and AirSculpt®+ for enhanced skin tightening, further solidifying its position in the market.

Financially, AirSculpt has shown robust growth, reporting a significant increase in both revenue and case volume. In the third quarter of 2023, the company saw a 20.3% rise in revenue, amounting to $46.8 million, and a 19% increase in case volume to 3,426 cases. Despite facing macroeconomic challenges, the company's strategic investments in new locations and customer acquisition have continued to drive its performance. AirSculpt's financial health is further strengthened by a positive cash flow and a solid balance sheet, with $11.0 million in cash and equivalents as of March 31, 2024.

A key aspect of AirSculpt's success is its commitment to providing an unmatched patient experience. The company's procedures are not only effective but also comfortable, with patients remaining awake during the process. Partnerships with influencers and celebrities, like Kristen Doute from Bravo's The Valley, have enhanced the company's visibility and credibility, attracting a broader audience.

Looking forward, AirSculpt remains dedicated to expanding its footprint with plans to open six new centers in 2024. The company's outlook projects continued revenue growth and increased adjusted EBITDA, demonstrating confidence in its ability to scale and meet the rising demand for body contouring services. AirSculpt Technologies uses its website as a primary channel for disseminating important company information and engages regularly with investors through conference calls and updates.

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AirSculpt Technologies, Inc. (NASDAQ:AIRS) reported a 2.9% increase in first-quarter cases to 3,746 and a 3.9% revenue increase to $47.6 million. Net income rose to $6.0 million from a loss in the previous year. The company plans six new center openings in 2024 and maintains revenue guidance of $220 million.

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AirSculpt Technologies, Inc. announced its plans to release the first quarter 2024 financial results on May 10, 2024, followed by a conference call. The company specializes in premium body contouring procedures and invites investors to join the call for more information.

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AirSculpt® Technologies, Inc., announced the relocation of its Atlanta office and the addition of the AirSculpt®+ skin tightening procedure to its offerings. The new office is in the prime Lenox Overlook area, and AirSculpt+ combines fat removal with skin tightening for enhanced results. The company has performed over 60,000 AirSculpt® cases since 2012 across premium locations in the U.S., Canada, and the U.K.

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AirSculpt Technologies, Inc. partners with Kristen Doute to showcase her body contouring journey using AirSculpt®, a minimally invasive procedure that removes fat and tightens skin without needles or scalpels. Kristen's experience highlights the effectiveness of the treatment and its positive impact on confidence and body image.
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AirSculpt Technologies, Inc. (NASDAQ:AIRS) will participate in the BofA Consumer and Retail Conference in Miami Beach on March 13, 2024, showcasing their premium body contouring procedures.
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AirSculpt® Technologies, Inc. announces the expansion and redesign of its Scottsdale location, introducing a new procedure, AirSculpt® Lift, while offering a limited time promotion. The company aims to meet the demand for premium body contouring services and enhance patient care with innovative offerings.
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AirSculpt Technologies, Inc. (NASDAQ:AIRS) reported strong financial results for the fourth quarter and full year ended December 31, 2023, with revenue increasing by 17.0% to $47.6 million in Q4 and 16.1% to $195.9 million for the full year. The company also saw improvements in net loss, adjusted EBITDA, and diluted loss per share compared to the prior year. AirSculpt ended the year with 27 facilities, showing growth in revenue per case. CEO Todd Magazine highlighted the company's growth and expansion strategies, emphasizing brand recognition, store openings, and profit margin expansion.
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AirSculpt Technologies, Inc. announced it will report fourth quarter 2023 financial results on February 27, 2024. The company will host a conference call at 8:30 a.m. Eastern Time on the same day. The live webcast can be accessed via the investor relations section of the AirSculpt Technologies website. A replay of the webcast will be available for approximately 90 days.
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AirSculpt Technologies, Inc. (NASDAQ:AIRS) announced a 20.3% revenue increase to $46.8 million and a net loss of $(1.7) million for the third quarter of 2023. The company also reported a 19.0% increase in case volume and plans to open at least six new centers in 2024.
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AirSculpt Technologies, Inc. will report its Q3 2023 financial results on November 10, 2023. A conference call will be held at 8:30 a.m. ET on the same day. The webcast can be accessed on the company's investor relations website.
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FAQ

What does AirSculpt Technologies, Inc. specialize in?

AirSculpt Technologies specializes in minimally invasive body contouring procedures using its patented AirSculpt® technology. These procedures are designed to remove unwanted fat, tighten skin, and sculpt targeted areas with minimal bruising and quick recovery time.

Where are AirSculpt's procedures available?

AirSculpt's procedures are available at over 27 locations across the United States, Canada, and the United Kingdom.

What recent innovations has AirSculpt introduced?

Recent innovations by AirSculpt include the AirSculpt® Lift for facial rejuvenation and AirSculpt®+ for enhanced skin tightening. These procedures offer minimally invasive solutions with dramatic results.

How has AirSculpt performed financially?

AirSculpt has shown strong financial performance, with a 20.3% increase in revenue to $46.8 million in Q3 2023 and a 19% rise in case volume. The company continues to experience growth in revenue and adjusted EBITDA.

What are AirSculpt's future plans?

AirSculpt plans to expand its operations by opening six new centers in 2024, continuing to innovate its service offerings, and maintaining strong financial growth.

Who are some notable clients of AirSculpt?

Notable clients include reality personality Kristen Doute, who partnered with AirSculpt to enhance her physique. This collaboration has helped increase the company's visibility and credibility.

How does AirSculpt ensure a premium patient experience?

AirSculpt ensures a premium patient experience by offering minimally invasive procedures that allow patients to remain awake, providing quick healing with minimal bruising and achieving precise results.

What are the benefits of AirSculpt® technology?

The benefits of AirSculpt® technology include minimally invasive fat removal, skin tightening, reduced bruising, quicker recovery times, and precise sculpting of targeted areas.

How does AirSculpt keep investors informed?

AirSculpt keeps investors informed through regular updates on its website, conference calls, and detailed financial reports. The company uses its online platforms as primary channels for distributing essential information.

What is AirSculpt's approach to growth and expansion?

AirSculpt's approach to growth and expansion includes opening new centers, introducing innovative procedures, and investing in customer acquisition and awareness-building initiatives to drive market demand.

AirSculpt Technologies, Inc.

Nasdaq:AIRS

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240.07M
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26.21%
75.79%
3.75%
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