So-Young International reports Q4 earnings; initiates Q1 outlook

So-Young International press release (NASDAQ:SY): Q4 GAAP EPADS of $0.04.
Revenue of $47.1M (-27.7% Y/Y) beats by $0.95M.
Average mobile MAUs were 4.0 million, compared with 7.4 million in the fourth quarter of 2021.
Number of paying medical service providers on So-Young's platform was 4,274, compared with 5,327 in the fourth quarter of 2021.
Number of medical service providers subscribing to information services on So-Young's platform was 1,489, compared with 2,085 in the fourth quarter of 2021.
Total number of purchasing users through reservation services was 120.4 thousand and the aggregate value of medical aesthetic treatment transactions facilitated by So-Young's platform was RMB370.2 million.
Outlook: For the first quarter of 2023, So-Young expects total revenues to be between RMB290 million (US$42.0 million) and RMB310 million (US$44.9 million), representing a decrease of 3.4% and an increase of 3.2% from the same period in 2022.