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.

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