Beyond Inc.（Byon）报告2025年第一季度的收入超过预期

该公司发布的调整后的每股稀释亏损为0.42美元，这明显好于预测损失0.63美元。

Beyond Inc (NYSE:BYON) reported better-than-expected earnings for the first quarter of 2025, but revenue fell short of estimates.

Beyond Inc（NYSE：BYON）报告说，2025年第一季度的收益超过预期的收益，但收入却没有估计。

The company posted an adjusted diluted loss per share of $0.42 for the period, which was wider than the analysts’ estimate of a loss of $0.63 a share. Revenue was reported as $232 million, which missed the expectations of $288.13 million, according to InvestingPro.

该公司在此期间发布了调整后的每股稀释损失，为0.42美元，这比分析师每股损失$ 0.63的估计更宽。据InvestingPro称，据报道收入为2.32亿美元，遗漏了预期的2.8813亿美元。

The company’s stock saw a slight decline of 2.39% in after-hours trading, closing at $4.18.

该公司的股票在下班后的交易中略有下降2.39％，收盘价为4.18美元。

According to InvestingPro analysis, Beyond Inc is currently undervalued, though its overall financial health score remains weak at 1.21 out of 5.

根据InvestingPro Analysis，Beyond Inc目前被低估了，尽管其总体财务健康评分在5分中的1.21仍然较弱。

Key Takeaways

关键要点

* Despite a challenging economic environment, Beyond Inc is showing signs of resilience as it navigates through 2025. The company has focused on improving operational efficiency, evident in the 72% improvement in adjusted EBITDA loss compared to Q1 2024.

*尽管经济环境充满挑战，但Beyond Inc在2025年航行时仍表现出弹性的迹象。该公司一直致力于提高运营效率，与第1季度2024相比，调整后的EBITDA损失的72％改善中很明显。

* As part of its restructuring efforts, Beyond Inc reduced its workforce by 65-70% and eliminated a distribution center.

*作为重组工作的一部分，Beyond Inc将其劳动力降低了65-70％，并消除了配送中心。

* The company is positioning itself as a value-driven marketplace, expanding its luxury and designer categories.

*该公司将自己定位为价值驱动的市场，扩大了其奢侈品和设计师类别。

* InvestingPro data shows that the company has more cash than debt on its balance sheet, though it’s quickly burning through cash reserves.

* InvestingPro数据表明，该公司在资产负债表上的现金多于债务，尽管它通过现金储备很快燃烧。

Financial Highlights

财务亮点

Earnings vs. Forecast

收益与预测

Beyond Inc exceeded earnings expectations with a loss per share of $0.42, compared to the forecasted loss of $0.63. This represents a positive surprise of approximately 33%. However, the revenue of $232 million fell short of the $288.13 million forecast, indicating a miss of about 19.5%.

超越公司超出了收益预期，每股亏损为0.42美元，而预测损失为0.63美元。这代表了大约33％的积极惊喜。但是，2.32亿美元的收入低于预测的2.8813亿美元，这表明遗失约为19.5％。

Market Reaction

市场反应

Despite the earnings beat, Beyond Inc’s stock price declined by 2.39% in after-hours trading, closing at $4.18. This movement reflects investor concerns over the significant revenue shortfall. The stock is trading close to its 52-week low of $3.54, indicating broader market challenges. With a beta of 4.1, the stock exhibits significant volatility compared to the market. Analyst price targets range from $6.50 to $16.00, suggesting potential upside despite recent challenges. Get detailed valuation metrics and real-time analysis with InvestingPro’s comprehensive research reports.

尽管收益收益率，但Inc的股价超过下班后的交易下降了2.39％，收盘价为4.18美元。该运动反映了投资者对大量收入不足的担忧。该股票的交易价格接近3.54美元的52周低点，表明市场挑战更广泛。与市场相比，该股票的β为4.1，表现出明显的波动性。分析师的价格目标从6.50美元到16.00美元不等，尽管最近面临挑战，但仍表明潜在上升空间。通过InvestingPro的全面研究报告，获得详细的估值指标和实时分析。

Outlook & Guidance

前景和指导

Looking ahead, Beyond Inc expects sequential revenue growth in Q2 and Q3 2025, with a gross margin target of 24-26%. The company aims to transition from restructuring to growth within 60 days, targeting a $1.2 billion annual revenue run rate. Strategic initiatives include the launch of the Buy Buy Baby token and the development of the Bed Bath Home concept.

展望未来，超越Inc预计，第二季度和第三季度的收入增长将在2025年第三季度增长，毛利率目标为24-26％。该公司的目标是在60天内从重组转变为增长，以12亿美元的年收入运行率。战略举措包括推出购买婴儿代币和Bed Bath Home Concept的开发。

Executive Commentary

执行评论

Marcus Lemonis, Executive Chairman, highlighted the company’s strategic shift, stating, “We are sixty days away from transitioning from a restructuring company to a growth company.” He also emphasized the importance of sales-driven profitability, noting, “You don’t cut your way to a profit. You sell your way to a profit.”

执行董事长马库斯·莱米尼斯（Marcus Lemonis）强调了该公司的战略转变，他说：“我们从重组公司过渡到成长公司六十天了。”他还强调了以销售驱动的盈利能力的重要性，并指出：“您不会削减利润。

Risks and Challenges

风险和挑战

As Beyond Inc continues its recovery journey, it faces several challenges that could impact its performance and ability to achieve optimal results.

随着INC的《超越INC》继续其恢复旅程，它面临着几个挑战，可能会影响其绩效和实现最佳结果的能力。

Q&A

问答

During the earnings call, analysts focused on Beyond Inc’s revenue outlook and marketing strategies. Executives expressed confidence in achieving a positive Return on Ad Spend (ROAS) and discussed exploring blockchain tokenization for their brands. Potential retail liquidations and supply chain challenges were also addressed as opportunities for growth.

在收益电话期间，分析师专注于Beyond Inc的收入前景和营销策略。高管表示有信心获得积极的广告支出回报（ROAS），并讨论了为其品牌探索区块链令牌化。潜在的零售清算和供应链挑战也被确定为增长的机会。

Full transcript - Beyond Inc (BYON) Q1 2025:

完整成绩单 - 超越公司（Byon）Q1 2025：

Aaron, Conference Operator: Good morning. My name is Aaron, and I’ll be your conference operator for today. At this time, I would like to welcome everyone to the Q1 twenty twenty five Beyond Incorporated Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question and answer session.

亚伦，会议运营商：早上好。我叫亚伦（Aaron），我将成为今天的会议运营商。目前，我想欢迎大家参加第1季度二十五十五次超越公司收益电话会议。所有线都已放在静音上，以防止任何背景噪声。演讲者发表讲话后，将会有一个问答环节。

If you would like to withdraw your question at any time, simply press star followed by the number one again. With that, I’m pleased to turn the call over to Melissa Smith, General Counsel and Corporate Secretary. Melissa, you may now begin.

如果您想随时提取问题，只需按Star，然后再进行第一名即可。这样，我很高兴将电话交给总法律顾问兼公司秘书梅利莎·史密斯（Melissa Smith）。梅利莎，您现在可能开始。

Melissa Smith, General Counsel and Corporate Secretary, Beyond Inc.: Thank you, operator. Good morning, and welcome to Beyond Inc. First quarter twenty twenty five earnings conference call. Joining me on the call today are Executive Chairman and Principal Executive Officer, Marcus Lemonis, and president and chief financial officer, Adrian Lee. I’m also joined by Leah Putnam, chief accounting officer, and Alex Thomas, chief operating officer.

梅利莎·史密斯（Melissa Smith），总法律顾问兼公司秘书Beyond Inc。：谢谢运营商。早上好，欢迎来到Inc.超越公司。今天的电话是执行董事长兼首席执行官Marcus Lemonis，以及总裁兼首席财务官Adrian Lee。首席会计官利亚·普特南（Leah Putnam）和首席运营官亚历克斯·托马斯（Alex Thomas）也加入了我的行列。

Today’s discussion and our responses to your questions reflect management’s views

今天的讨论以及我们对您问题的回答反映了管理层的观点