secwatch.observer — SEC 8-K summary
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Issuer:     Life Time Group Holdings, Inc. (LTH)
CIK:        0001869198
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001869198-23-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Life Time Q2 revenue up 21.8% to $561.7M; net income swing to $17.0M; FY Adjusted EBITDA guide raised
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- Revenue $561.7M (+21.8% YoY); net income $17.0M vs loss of $2.3M.
- Adjusted EBITDA $136.0M (+115.5%); FY 2023 guidance raised to $510-520M from $470-490M.
- Center memberships up 26k to 790,238; average revenue per membership $701 (+9.7%).
- Fitch assigned B+ stable rating; company rated B (S&P) and B- (Moody's).
- Refinanced Term Loan B to $310M due 2026; completed $45.5M sale-leaseback in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869198/000186919823000050/0001869198-23-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869198/000186919823000050/lth-20230725.htm
  HTML page:      https://secwatch.observer/filing/0001869198-23-000050

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