The Beachbody Company Reports Q3 Revenue of $45.2 Million and Forecasts Q4 Revenue Between $38M-$42M

The Beachbody Company (BODI) reported third-quarter revenue of $45.2 million, landing within its previously issued guidance range of $44 million to $48 million. The company also outperformed expectations regarding profitability, reporting an adjusted EBITDA of $6.4 million, which exceeded the high end of management's projections. Looking ahead, the company has provided a conservative revenue forecast for the fourth quarter, estimating between $38 million and $42 million. As part of its ongoing restructuring efforts, management is targeting an adjusted EBITDA breakeven point of $125 million.

By https://seekingalpha.com/user/61525086 · Seeking Alpha ·

The Beachbody Company Reports Q3 Revenue of $45.2 Million and Forecasts Q4 Revenue Between $38M-$42M

Tickers: $BODI

Topics: earnings guidance EBITDA revenue

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