secwatch.observer — SEC 8-K summary
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Issuer:     Beachbody Company, Inc. (BODI)
CIK:        0001826889
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001193125-23-206241
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BODi Q2 revenue $134.9M (-25% YoY); net loss improved to $25.7M; Q3 guided $120-130M revenue
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- Revenue $134.9M vs $179.1M prior year; digital subs 1.53M (-33%).
- Net loss $25.7M improved from $41.9M; adjusted EBITDA $(4.8)M vs $(1.5)M.
- Paid down $15M debt to ~$35M; amended Blue Torch Capital financing.
- Q3 guidance: revenue $120-130M, net loss $(32)-$(27)M, adj EBITDA $(8)-$(3)M.
- Mark Goldston appointed Executive Chairman to lead turnaround efforts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826889/000119312523206241/0001193125-23-206241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826889/000119312523206241/d541942d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-206241

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