Company announcements, direct sales updates and archived press coverage associated with Team Beachbody.
The Beachbody Company announced a rebrand of its consumer platform from Beachbody to BODi and the launch of an updated premium digital platform under the BODi name. The company said the change supports a broader Health Esteem positioning and adds monthly Mindset content aimed at positive psycholo...
Read full storyThe Beachbody Company's board voted on December 14, 2022 to expand from seven to eight directors and appoint Ann Lundy as a director effective January 3, 2023. Lundy was also named chair of the board's audit committee. Lundy has served as senior vice president of corporate finance and internal au...
Read full storyThe Beachbody Company said it received a deficiency letter from the New York Stock Exchange on November 23, 2022, notifying it that it was not in compliance with continued listing standards because the average closing price of its Class A common stock had been below 1 dollar over 30 consecutive t...
Read full storyThe Beachbody Company reported third-quarter 2022 revenue of 165.9 million dollars, down 20 percent from a year earlier but 7 percent above the midpoint of its guidance. Digital revenue fell 23 percent to 72.2 million dollars with 2.10 million digital subscriptions, nutrition revenue declined 16 ...
Read full storyThe Beachbody Company said co-founder and vice chairman Jonathan Congdon will retire from the company to pursue other opportunities, effective December 31, 2022. Congdon will remain in his role until that date, when his position will end. Congdon co-founded Beachbody with chief executive Carl Dai...
Read full storyThe Beachbody Company said second-quarter 2022 revenue was 179.1 million dollars, down 20 percent from a year earlier. The company reported a net loss of 41.9 million dollars and adjusted EBITDA of negative 1.5 million dollars. Digital revenue was about 78.0 million dollars with roughly 2.28 mill...
Read full storyThe Beachbody Company said first-quarter 2022 revenue was 198.9 million dollars, down 12 percent from a year earlier. Digital revenue was 81.7 million dollars, down 14 percent, nutrition and other revenue was 97.7 million dollars, down 25 percent, and connected fitness revenue was 19.5 million do...
Read full storyThe Beachbody Company said fourth-quarter 2021 revenue was 216.3 million dollars, down 4 percent from 2020, with a net loss of 146.0 million dollars. Full-year revenue was 873.6 million dollars, up 1 percent, with a net loss of 228.4 million dollars. The company announced a strategic realignment ...
Read full storyThe Beachbody Company appointed Kristin Frank to its board, effective November 24, 2021. Frank is chief executive of AdPredictive, a customer-intelligence platform that uses data and machine learning in marketing. She brings more than 20 years in data-driven marketing and digital media. After the...
Read full storyThe Beachbody Company reported third quarter revenue of 208.1 million dollars, down 17 percent from a year earlier and up 6 percent from 2019. Digital revenue was 94.1 million dollars, down 5 percent. Nutrition and other revenue was 108.1 million dollars, down 29 percent. Connected fitness revenu...
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