earnings
confidence high
sentiment positive
materiality 0.75
Beachbody (BODI) Q2 revenue $110.2M, net loss narrows; positive adj. EBITDA
Beachbody Company, Inc.
2024-Q2 EPS reported
-$3.70
revenue$230,229,000
- Q2 revenue $110.2M (down 18.4% YoY); net loss improved to $10.9M from $25.7M.
- Third consecutive quarter of positive adjusted EBITDA at $4.9M vs -$4.8M YoY.
- Overall gross margin 69%, best since 2021; free cash flow positive $5.3M.
- Digital subscriptions fell 25% to 1.15M; nutrition revenue $50.1M (down 22.5%).
- Q3 guidance: revenue $97-107M; adjusted EBITDA $2-6M.