secwatch.observer — SEC 8-K summary
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Issuer:     Life Time Group Holdings, Inc. (LTH)
CIK:        0001869198
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001869198-22-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Life Time Q1 revenue up 57% to $392M, net loss $38M; guides Q2 rev $450-470M
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- Revenue $392.3M (+57.3% YoY); comparable center sales +50.3%; memberships 673,983 (+23.8% YoY).
- Net loss $38.0M includes $26.4M gain on sale-leaseback offset by $19.9M share-based comp and IPO costs.
- Adjusted EBITDA improved to $40.6M from -$18.9M in prior year quarter.
- Closed two sale-leasebacks (~$80M) in March; two more (~$95M) closing May 13; evaluating up to $500M additional.
- Q2 2022 guidance: revenue $450-470M, net loss ($25)-($20)M, Adjusted EBITDA $63-68M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869198/000186919822000036/0001869198-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869198/000186919822000036/lth-20220511.htm
  HTML page:      https://secwatch.observer/filing/0001869198-22-000036

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