MINDBODY (MB) Tops Q2 EPS by 4c

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MINDBODY Reports Second Quarter 2016 Financial Results

July 27, 2016 4:06 PM EDT

SAN LUIS OBISPO, Calif., July 27, 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 second quarter ended June 30, 2016.

The second quarter produced excellent results, highlighted by consistently strong revenue growth and substantial improvement on the bottom line, said Rick Stollmeyer, Co-founder and Chief Executive Officer of MINDBODY. In particular, we are pleased with our traction among higher value subscribers. These businesses range from independent practitioners to multi-location enterprise businesses.  These are the subscribers most... More