secwatch.observer — SEC 8-K summary
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Issuer:     Life Time Group Holdings, Inc. (LTH)
CIK:        0001869198
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001869198-21-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Life Time Q3 revenue up 66.7% to $385M; net loss narrows; IPO closed with $670M proceeds
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- Revenue $385M, up 66.7% YoY; comparable center sales +58.7%.
- Net loss improved to -$45.4M from -$93.6M; Adjusted EBITDA $47.0M vs -$12.4M.
- Center memberships +16.7% to 668,310 as of Sep 30, 2021.
- Closed IPO Oct 12 with ~$670M net proceeds; paid down $576M of term loan.
- Q4 outlook: revenue $350-360M, Adj. EBITDA $48-52M; FY2021 $1.31-1.32B revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869198/000186919821000003/0001869198-21-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869198/000186919821000003/lth-20210930x8k.htm
  HTML page:      https://secwatch.observer/filing/0001869198-21-000003

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