secwatch.observer — SEC 8-K summary
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Issuer:     Beachbody Company, Inc. (BODI)
CIK:        0001826889
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001193125-22-281203
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beachbody Q3 revenue $165.9M beats guidance; net loss narrows to $33.9M
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- Revenue $165.9M (down 20% YoY) exceeded mid-point of guidance by 7%.
- Adjusted EBITDA loss $6.2M, improved from $43.4M loss in prior year, beating guidance by $11.3M.
- Digital subscriptions 2.10M (down 20% YoY, up 24% vs 2019); Nutritional subs 0.24M (down 29%).
- Operating expenses cut 32% YoY; free cash flow -$7.7M vs -$147.6M in 2021.
- Q4 guidance: revenue $140-150M, Adj EBITDA loss $9-14M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826889/000119312522281203/0001193125-22-281203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826889/000119312522281203/d420319d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-281203

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer