Xponential Fitness, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 02, 2024 at 04:05 pm EDT
Share
Xponential Fitness, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 79.52 million compared to USD 70.69 million a year ago. Net loss was USD 2.87 million compared to USD 9.98 million a year ago.
Basic loss per share from continuing operations was USD 0.3 compared to USD 1.38 a year ago. Diluted loss per share from continuing operations was USD 0.3 compared to USD 1.38 a year ago.
Xponential Fitness, Inc. is the global franchisors of boutique health and wellness brands. The Company operates a diversified platform of ten brands spanning across verticals, including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, strength training, metabolic health, and yoga. The Company's portfolio of brands includes Club Pilates, a Pilates brand in the United States; CycleBar, the indoor cycling brand in the United States; StretchLab, an assisted stretching brand offering one-on-one and group stretching services; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, a yoga brand in the United States; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; BFT, a functional training and strength-based program; Rumble, a boxing-inspired full-body workout, and Lindora, a provider of medically guided wellness and metabolic health solutions.