Waldencast H1 EPS $(0.75) Misses $(0.13) Estimate, Sales $26.102M Miss $65.566M Estimate

Waldencast (NASDAQ: WALD) reported a loss of $(0.75) per share for the first half, significantly missing the analyst estimate of $(0.13) by 476.92%. This marks a 92.31% increase in losses compared to $(0.39) per share from the same period last year. The company's sales totaled $26.102 million, falling short of the $65.566 million estimate by 60.19%, and representing a 57.11% decrease from $60.858 million in the previous year.