Tivity Health, Inc. (TVTY) Reports In-Line Q1 EPS, Miss on Revenues; Offers FY18 EPS In-Line Outlook

Tivity Health, Inc. (NASDAQ: TVTY) reported Q1 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenue for the quarter came in at $149.9 million versus the consensus estimate of $154.32 million.

Affirms 2018 Financial Guidance

Tivity Health announced today that based on first quarter results and the Company’s outlook for the remainder of 2018 it has affirmed financial guidance for 2018, which includes:

• Revenues in a range of $607 million to $625 million;
• EBITDA in a range of $139 million to $144 million; and
• Earnings per diluted share in a range of $2.12 to $2.20.

This guidance for 2018 also includes:

• Depreciation expense of approximately $4 million;
• Interest expense of approximately $8 million, of which approximately $6 million is non-cash expense;
• An effective tax rate of approximately 27%;
• Weighted average diluted shares outstanding in a range of 43.5 to 44.0 million;
• Free cash flow in excess of $100 million; and
• Capital expenditures of approximately $10 million.

GUIDANCE:

Tivity Health, Inc. sees FY2018 EPS of $2.12-$2.20, versus the consensus of $2.16. Tivity Health, Inc. sees FY2018 revenue of $607-625 million, versus the consensus of $617.52 million.

For earnings history and earnings-related data on Tivity Health, Inc. (TVTY) click here.

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