🔴 Airsculpt Technologies is trading 10.14% down today in pre-market after Q2 miss and lower EBITDA outlook

Airsculpt Technologies is trading 10.14% down at $2.92 after continued reaction to its August 10 second-quarter report.

• Revenue was $42.9 million, below the $44.2 million consensus.
• Management lowered full-year adjusted EBITDA guidance to $12 million-$14 million amid heavier marketing investment and margin pressure; Q3 revenue is expected to decline low single digits year over year.
• The decline appears company-specific: major indexes were broadly flat in pre-market; the miss and weaker outlook are the clearest catalyst.