WW - WW International reports Q2 earnings miss; narrows FY22 guidance
- WW International press release ( NASDAQ: WW ): Q2 GAAP EPS of -$0.07 misses by $0.30 .
- Revenue of $269.5M (-13.4% Y/Y) misses by $15.79M .
- Q2 2022 End of Period Subscribers of 4.3M.
- Q2 2022 adjusted gross margin of 61.9% excluding the net impact of restructuring charges.
- The company is updating its full year fiscal 2022 guidance, as follows: Revenues are expected to be in the range of $1.05 billion to $1.09 billion vs. consensus of $1.11B. Prior revenue guidance was in the range of $1.09 billion to $1.14 billion.
- GAAP EPS expected to be in the range of $0.25 to $0.30 per fully diluted share, prior GAAP EPS guidance was in the range of $0.72 to $0.78 per fully diluted share.
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WW International reports Q2 earnings miss; narrows FY22 guidance