BODY - Beachbody stock soars after reiterates Q4 outlook
- The Beachbody Company ( NYSE: BODY ) rose 9.1% pre market after it has reiterated guidance for the fourth quarter of fiscal 2022, previously announced guidance during the Q3 earnings call .
- The company expects total revenue to be between $140 million and $150 million vs. consensus of $146.30M; and Adjusted EBITDA loss to be between $9 million and $14 million.
- "We are extremely confident in the future of the business. Between our reinforced liquidity position and our cost reductions, we are on track to achieve our expected results," said Carl Daikeler, Beachbody's Co-Founder, Chairman, and CEO.
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Beachbody stock soars after reiterates Q4 outlook