So-Young International Inc

Revenue was $54.32 million, below the $398.24 million consensus estimate. The company reported a non-GAAP net loss of $8.66 million, compared to a non-GAAP net income of $22.25 million in the same period last year. Total revenues increased by 4.0% year-over-year, driven by a significant rise in aesthetic treatment services, which surged 304.6% to $25.79 million. However, information and reservation services revenues declined by 34.5% to $16.47 million. The number of verified treatment visits increased significantly, reflecting strong operational performance. Despite the revenue growth, the company faced increased costs and operating expenses, leading to a net loss. The CEO emphasized the company's focus on expanding its network of aesthetic centers and improving operational efficiency.