The BeautyHealth Company Q2 2023 Sales Increase 13%

The BeautyHealth Company has released its second quarter 2023 results, which showed net sales were $117.5 million,  a 13% increase from $103.5 million in the previous year.

• Previously: BeautyHealth Acquires SkinStylus Microneedling Device & Releases Financial Report

Gross profit was $67.9 million, as compared to $70.0 million in the previous year. 

Net income was $3.4 million, as compared to $6.3 million in the previous year.

Gross margin was 57.8%, as compared to 67.6% in the previous year.

6-month Results

Net sales for the six months ending June 30, 2023, was $203.8 million, as compared to $179.0 million in the previous year. 

Gross profit was $122.0 million, as compared to $120.9 million in the previous year. 

Net income was $16.9 million, as compared to $37.8 million in the previous year.

BeautyHealth president and CEO Andrew Stanleick, said, "In the second quarter, we recommitted to our core and, in doing so, delivered consistent double-digit top-line performance and profitability in line with expectations. At the same time, we are readying the organization for the next phase of growth, with a fortified executive team, robust innovation pipeline and disciplined approach to harnessing the enormous global market opportunity in front of us.”