secwatch.observer — SEC 8-K summary
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Issuer:     Life Time Group Holdings, Inc. (LTH)
CIK:        0001869198
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001193125-24-237232
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Life Time Q3 prelim revenue $693.2M (+18.5% YoY), net income $41.4M (+422%); launches note refinancing
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- Total revenue $693.2M, +18.5% YoY; net income $41.4M, +422.5% YoY; adjusted EBITDA $180.3M, +26.1%.
- Adjusted net income $56.3M, +110.9% YoY; net debt leverage ratio improved to 2.4x from 3.7x.
- Free cash flow $138.3M for Q3, including $65M from sale-leaseback; available liquidity $529.8M.
- Center memberships 826,502 (+5.4%); average center revenue per membership $815 (+12.9%).
- Company launches process to refinance its 5.750% Senior Secured Notes due 2026 and 8.000% Senior Notes due 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869198/000119312524237232/0001193125-24-237232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869198/000119312524237232/d731011d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-237232

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