secwatch.observer — SEC 8-K summary
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Issuer:     Beachbody Company, Inc. (BODI)
CIK:        0001826889
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001193125-23-138234
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826889/000119312523138234/0001193125-23-138234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826889/000119312523138234/d293194d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-138234

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