Regulatory Wrinkles Spoil So-Young’s Latest Results

Despite posting solid second-quarter growth, cosmetic surgery platform spends much of its earnings call trying to ease investor concerns over a regulatory crackdown Key takeaways: So-Young International devotes much of its second-quarter results trying to ease investor concerns over a potential crackdown on China’s cosmetic surgery industry Company’s revenue rises 37% and profit jumps sharply in latest quarter as business rebounds from year-ago pandemic-induced slowdown By Doug Young The superficial story in the latest results for plastic surgery platform operator So-Young International Inc. (SY.US) was strong growth for top-line revenue…

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Cosmetic Surgery Information Hub So-Young Dolls Up With Major Acquisition

Plan to buy 85% of Wuhan Miracle Laser System for $122 million would represent company’s biggest purchases since its 2019 IPO Key points: So-Young’s $122 million purchase of a laser medical equipment maker represents its biggest investment since its 2019 IPO Such investments could help to drive So-Young’s growth, though it needs to better articulate its acquisition strategy for investors By Doug Young Cosmetic surgery specialist So-Young International Inc. (SY.US) was probably hoping that news of the first major acquisition since its 2019 IPO would make it prettier to investors.…

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No Beauty in Cosmetic Surgery Specialist So-Young’s Latest Earnings

Company posts strong user growth in last year’s fourth quarter, but revenue expanded far slower and profits plunged due to rising costs Key Takeaways: So-Young is gaining traction as a leading marketplace for information and services from China’s cosmetic surgery sector The company will face difficulty monetizing its business due to the industry’s fragmented state, with meaningful consolidation still likely several years away   By Doug Young Cosmetic surgery specialist So-Young International Inc. (Nasdaq: SY) has just reported its latest quarterly results, and – puns aside – they weren’t pretty. That’s…

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