Beachbody Q2 revenue $49.6M (-22% YoY); net income $1.4M, 4th straight profitable quarter

Beachbody Company, Inc.

Net income $1.4M vs loss $5.9M prior year; operating income $1.7M (4th consecutive quarter).
Adjusted EBITDA $6.7M, above guidance high end; 11th consecutive positive quarter.
Q3 guidance: revenue $44-48M, adjusted EBITDA $3-6M, net loss up to $3M.
Amended credit agreement Aug 3 for more flexible covenants; cash used in ops $4.3M H1.
Digital subs down 19% to 0.76M; nutrition subs flat; total revenue down 22% YoY.

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