Stock Analysis
- United States
- /
- Consumer Services
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- NYSE:BODY
Beachbody Company Third Quarter 2022 Earnings: Revenues Beat Expectations
Beachbody Company (NYSE:BODY) Third Quarter 2022 Results
Key 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.
Performance of the American Consumer Services industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You 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?
The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs.
Risks
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
Further research on
Beachbody Company
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About NYSE:BODY
Beachbody Company
The Beachbody Company, Inc. operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs.
Adequate balance sheet and fair value.
