Tivity Health Reports Third-Quarter 2019 Results
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Tivity Health, Inc. (TVTY) Misses Q3 EPS by 10c, Revenues Beat; Offers FY19 EPS/Revenue Guidance
November 12, 2019 4:14 PM ESTTivity Health, Inc. (NASDAQ: TVTY) reported Q3 EPS of $0.46, $0.10 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $303.9 million versus the consensus estimate of $301.1 million.
Revenues increased 100.6% to $303.9 million, including nutrition segment revenues of $143.9 million. This compares to revenues of $151.5 million for the third quarter of 2018.Net income was $13.9 million compared to $25.4 million for the third quarter of 2018. Adjusted net income was $22.2 million compared to $25.4 million for the third quarter of 2018. Adjusted net income for the third quarter of 2019 is a non-GAAP financial measure and excludes a total of $5.5... More