Beachbody Company (NYSE:BODY) Third Quarter 2022 ResultsKey Financial Results
- Revenue: US$166.0m (down 20% from 3Q 2021).
- Net loss: US$33.9m (loss narrowed by 15% from 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Beachbody Company Revenues Beat Expectations
Revenue exceeded analyst estimates by 4.2%.
Looking ahead, revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Consumer Services industry in the US.
The company's share price is broadly unchanged from a week ago.
Risk AnalysisYou should always think about risks. Case in point, we've spotted 3 warning signs for Beachbody Company you should be aware of.
What are the risks and opportunities for Beachbody Company?
Volatile share price over the past 3 months
Has less than 1 year of cash runway
Currently unprofitable and not forecast to become profitable over the next 3 years
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.