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MINDBODY (MB) Tops Q3 EPS by 3c

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MINDBODY Reports Third Quarter 2016 Financial Results

October 26, 2016 4:05 PM EDT

SAN LUIS OBISPO, Calif., Oct. 26, 2016 (GLOBE NEWSWIRE) -- MINDBODY, Inc. (NASDAQ: MB), the leading provider of cloud-based business management software for the wellness services industry, today announced financial results for the third quarter ended September 30, 2016.

The third quarter marked another quarter of strong revenue growth and operating discipline, said Rick Stollmeyer, Co-founder and Chief Executive Officer of MINDBODY. We added 2,795 subscribers in the quarter and are now serving more than 58,500 subscribers worldwide. Additionally, we saw excellent growth in adoption and engagement across our platform and completed the acquisition of HealCode, one of our most... More