Evolus Q1 operating loss narrows to $6.8 million; revenue rises 7% to $73.1 million

• Evolus posted Q1 net loss of $10.67 million, narrowing from year-ago loss of $18.89 million, as revenue rose 7% to $73.14 million.
• Operating loss tightened to $6.85 million, while gross margin slipped 1.2 percentage points to 66.9%.
• Adjusted EBITDA turned positive at $600,000, marking a second consecutive quarter of positive adjusted EBITDA.
• Total purchasing accounts increased by nearly 500, while Evolus Rewards membership climbed by nearly 75,000 to approach 1.5 million.
• Full-year outlook reaffirmed for revenue of $327 million-$337 million, alongside expectations for positive adjusted EBITDA and a low- to mid-single digit adjusted EBITDA margin.

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