MINDBODY Reports Second Quarter 2018 Financial Results

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Go back to MINDBODY Reports Second Quarter 2018 Financial Results

MINDBODY (MB) Tops Q2 EPS by 2c, Slight Beat on Revenues; Offers FY18 Revenue Outlook

July 31, 2018 4:47 PM EDT

MINDBODY (NASDAQ: MB) reported Q2 EPS of ($0.06), $0.02 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $61.6 million versus the consensus estimate of $60.51 million.

Q2 marks our first quarter post-Booker acquisition, and we are pleased to report strong operating results and progress on integration of the two companies, said Rick Stollmeyer, co-founder and chief executive officer of MINDBODY. With more fitness, beauty and wellness businesses on our platform than ever before, and the best go-to-market team in the industry, we have taken a substantial step towards our purpose of helping hundreds... More