WW (WW) Misses Q2 EPS by 50c, Revenues Miss

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WW Announces Second Quarter 2020 Results with Record Digital Subscribers

August 4, 2020 4:02 PM EDT

Q2 2020 End of Period Subscribers up 9% year-over-year to 5.0 million, an all-time Q2-end high
 Q2 2020 End of Period Digital Subscribers at all-time high and up 23% year-over-year
 Q2 2020 Revenues of $334 million, down 10%, or 9% on a constant currency basis, year-over-year due to studio closures
 Q2 2020 Gross Margin of 58%; excluding one-time charges, Q2 2020 adjusted gross margin of 60%, the highest level in 8 years

NEW YORK, Aug. 04, 2020 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ: WW) today announced... More