earnings
confidence high
sentiment negative
materiality 0.60
Interactive Strength (TRNR) Q3 net loss $10.4M, EPS -$0.73; Adjusted EBITDA loss improves 63% YoY
Interactive Strength, Inc.
2023-Q3 EPS reported
-$3.40
revenue$779,000
- Net loss of $10.4M ($0.73 diluted EPS) vs $14.8M ($30.16) in Q3 2022.
- Adjusted EBITDA loss of $3.4M improved by $5.8M from $9.2M loss a year ago.
- Definitive agreement to acquire substantially all assets of CLMBR, Inc. (no deal value disclosed).
- Non-cash stock-based compensation of $4.8M included in adjusted EBITDA loss.