May. 13 at 1:22 PM
Noble Capital Markets Research Report: The Beachbody Company (
$BODI) – Retail Expansion Unlocks Next Growth Phase
Q1 results exceeded expectations despite continued legacy business runoff. Q1 revenue of
$54.3 million exceeded the high end of management’s guidance range of
$49 million to
$54 million and was above our estimate of
$50.0 million. Adjusted EBITDA of
$8.0 million also exceeded management’s guidance range of
$4 million to
$7 million and our estimate of
$4.4 million.
Read full report here: https://www.channelchek.com/news-channel/the-beachbody-company-bodi-retail-expansion-unlocks-next-growth-phase
