Previous Close | 0.0600 |
Open | 0.1500 |
Bid | 0.0000 |
Ask | 0.0500 |
Strike | 2.50 |
Expire Date | 2024-05-10 |
Day's Range | 0.0400 - 0.1500 |
Contract Range | N/A |
Volume | |
Open Interest | 73 |
Q1 2024 WW International Inc Earnings Call
Personal wellness company WW (NASDAQ:WW) reported Q1 CY2024 results topping analysts' expectations, with revenue down 14.6% year on year to $206.5 million. The company expects the full year's revenue to be around $845 million, in line with analysts' estimates. It made a GAAP loss of $4.39 per share, down from its loss of $1.68 per share in the same quarter last year.
End of Period Subscribers of 4.0 million, including 91 thousand End of Period Clinical SubscribersRevenues of $206.5 millionGross margin of 66.7%; excluding the net impact of restructuring charges related to prior year restructuring plans, adjusted gross margin of 67.9%Operating Loss of $269.3 million primarily due to $258.0 million in non-cash intangible impairment charges for franchise rights acquired; excluding such impairment charges and the net impact of restructuring charges related to pri