MINDBODY Reports Second Quarter 2016 Financial Results

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Go back to MINDBODY Reports Second Quarter 2016 Financial Results

Imperial Capital Reiterates Outperform on MINDBODY (MB) Following 2Q Beat and Raise

July 29, 2016 7:59 AM EDT

Imperial Capital reiterated an Outperform rating on Mindbody (NASDAQ: MB), and raised the price target to $22.00 (from $18.00), following the company's 2Q earnings report. Revenue guidance improved to $137mn-$139mn from $135.7mn-$138.7mn and non-GAAP loss improved to ($16.3mn)-($18.3mn) from ($19.4mn)-($22.4mn).... More

MINDBODY (MB) Tops Q2 EPS by 4c

July 27, 2016 5:38 PM EDT

MINDBODY (NASDAQ: MB) reported Q2 EPS of ($0.10), $0.04 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $33.6 million versus the consensus estimate of $33.22 million.

GUIDANCE:

MINDBODY sees Q3 2016 revenue of $34-35.5 million, versus the consensus of $34.7... More