AirSculpt Technologies reports Q2 2024 net loss, misses revenue estimates, CEO Todd Magazine steps down, CFO Dennis Dean takes interim CEO role, and revenue guidance reduced.

AirSculpt Technologies reported a Q2 2024 net loss, with revenues down 8.4% YoY to $51.0M, missing consensus estimates. CEO Todd Magazine stepped down, with CFO Dennis Dean taking interim CEO role. The company's FY24 revenue guidance was reduced to $180-190M, from $220M. Shares fell 19.3%. Schall Law Firm is investigating potential securities fraud claims.