secwatch.observer — SEC 8-K summary
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Issuer:     Life Time Group Holdings, Inc. (LTH)
CIK:        0001869198
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001869198-24-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Life Time Q1 revenue up 16.8% to $596.7M; raises FY 2024 guidance
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- Revenue $596.7M (+16.8% YoY); net income $24.9M (-9.5%) reflecting prior-year one-time gains.
- Adjusted EBITDA $146M (+21.6%); adjusted net income $30.5M (+31.5%).
- Raised FY 2024 revenue guidance to $2.50-$2.53B (prev $2.46-$2.50B) and Adjusted EBITDA to $603-$618M (prev $595-$610M).
- Center memberships 802,010 (+5.0% YoY); comparable center revenue +11.1%; net debt leverage improved to 3.6x from 5.2x.
- Annual meeting: elected four Class III directors; ratified Deloitte & Touche as auditor; say-on-pay approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869198/000186919824000022/0001869198-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869198/000186919824000022/lth-20240426.htm
  HTML page:      https://secwatch.observer/filing/0001869198-24-000022

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