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DewDiligence

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DewDiligence

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Re: DewDiligence post# 202

Wednesday, 03/08/2023 4:16:29 PM

Wednesday, March 08, 2023 4:16:29 PM

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EOLS reports 4Q22 results:

https://investors.evolus.com/press-releases-and-news/news-details/2023/Evolus-Reports-Fourth-Quarter-and-Full-Year-2022-Results-and-Provides-Business-Update/default.aspx

4Q22 Jeuveau sales of $43.6M (pre-announced on 1/18/23: #msg-170403381) were +26% YoY and +29% QoQ (consistent with seasonal patterns in the aesthetics business).

EOLS reiterated 2023 revenue guidance of $180-190M and issued first-time 2023 non-GAAP operating-expense guidance of $145-150M.

Cash at 12/31/22 was $53.9M, down from $65.6M at 9/30/22.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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