Beauty Health Company SKIN stock witnessed a 20.75% surge during after-hours trading on Thursday. The stock of Beauty Health, the parent company of the Hydrafacial brand, soared to $1.92 during after-hours trading, following the release of its second-quarter financial results. The company’s stock had closed at $1.59 earlier in the day. The California-based company’s financial results for the second quarter, which ended on June 30, achieved $78.2 million in revenue, surpassing the estimated $74.50 million. Despite a 13.7% decrease from the previous year, the gross margin and adjusted gross margin improved significantly due to a shift toward consumable net sales. The company’s net income for the quarter was $19.7 million, a substantial increase from $0.2 million in the same quarter of the previous year. Beauty Health's CEO attributed the revenue model to the success of over 35,000 active devices and consumables driving more than 70% of revenue. With a volume of 2.57 million shares, the stock held a market cap of $200.33 million, trading between $0.78 and $2.38 over the past 52 weeks. Following the impressive second-quarter results, Beauty Health raised its full-year guidance, projecting net sales of $285 to $300 million and an adjusted EBITDA of $27 to $35 million for fiscal year 2025.

SKIN Stock Soars 21% in After-Hours Trading – What's Behind Beauty Health's Surge?

Beauty Health, the parent company of the Hydrafacial brand, saw its stock surge 20.75% to $1.92 after-hours following strong second-quarter financial results, including $78.2 million in revenue and $19.7 million in net income, with a raised full-year guidance for 2025.