Venus Concept Sells Venus Hair Unit

Venus Concept(NASDAQ:VERO) reported second quarter 2025 results on Aug. 14, 2025, highlighting $15.7 million in GAAP revenue for Q2 2025, down 5% year-over-year, a GAAP operating loss of $9 million, and the announced $20 million all-cash sale of its Venus Hair business, announced June 6, 2025. The earnings call included details on sequential revenue stabilization, cost discipline measures, balance sheet restructuring, and strategic focus toward core U.S. aesthetics, with guidance withheld due to ongoing uncertainties and strategic reviews.The all-cash divestiture of Venus Hair, expected to close in 2025, follows a period of underperformance and a strategic review initiated to maximize shareholder value. The $20 million transaction, subject to an internal reorganization, is with Meta Health Group, which will provide the strategic investment resources needed to maximize the global addressable markets for the ARTAS and NeoGraft technologies.This strategic sale enables Venus Concept to focus its global medical aesthetics business, which management expects will improve revenue growth, lower operating expenses, enhance the cash flow profile, and accelerate progress toward long-term sustainable profitability and growth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool