Beachbody Q1 revenue $144.9M (down 27% YoY), net loss improves to $29.2M from $73.5M

Beachbody Company, Inc.

2023-Q1 EPS reported -$0.09 revenue$144,901,000

Total revenue $144.9M vs $198.9M YoY; digital subscriptions 1.75M (down 28.9%).
Operating loss improved $47.0M to $27.4M; adjusted EBITDA ($0.9)M vs ($19.1)M.
Net loss $29.2M, improved 60.3% from $73.5M prior year.
Launched BODi platform; Q2 guidance revenue $125M-$140M, adjusted EBITDA ($10)-($5)M.
Connected Fitness delivered 4,700 bikes (down 71.7%); Nutrition revenue $74.1M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Beachbody Company, Inc. reported the first quarter ended March 31, 2023 results: revenue $144.9 million, net income ($29.2 million). Guidance initiated.

Period: the first quarter ended March 31, 2023
Revenue: $144.9 million
Net income: ($29.2 million)
Guidance: initiated
Result: reported results

Exact text from the filing

initiatives, give us confidence in our strategy as we progress towards a return to profitable growth by the end of the year.” First Quarter 2023 Results • Total revenue was $144.9 million compared to $198.9 million in the prior year period. • Digital revenue was $64.8 million compared to $81.7 million in the prior year and digital subscriptions totaled 1.75

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Beachbody Company, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-138234

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