The Beachbody Company, Inc. Announces Third Quarter 2023 Financial Results
The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), a leading subscription health and wellness company, today announced financial results for its third quarter ended September 30, 2023.
- The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), a leading subscription health and wellness company, today announced financial results for its third quarter ended September 30, 2023.
- "We are pleased with our third quarter results, with revenue, Adjusted EBITDA and cash used in operations once again within our guidance range.
- Digital revenue was $64.3 million compared to $72.2 million in the prior year period and digital subscriptions totaled 1.38 million in the third quarter.
- Marc Suidan, Chief Financial Officer, stated: "In the quarter, our cash used in operations was $0.2 million compared to our guidance of cash used of less than $5 million.