Tivity Health Reports Strong Second-Quarter 2020 Results
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Tivity Health, Inc. (TVTY) Tops Q2 EPS by 72c, Revenues Beat
August 5, 2020 4:32 PM EDTTivity Health, Inc. (NASDAQ: TVTY) reported Q2 EPS of $0.79, $0.72 better than the analyst estimate of $0.07. Revenue for the quarter came in at $262.6 million versus the consensus estimate of $225.73 million.
Second Quarter Highlights and Business Update:
Healthcare division adjusted EBITDA increased by 16% compared to the prior year;Nutrisystem brand direct to consumer (DTC) revenue grew by 6% versus the prior year driven by new customer growth of 28%;Achieved a nearly six-fold expansion of digital engagement with virtual offerings to keep SilverSneakers members focused on health, activity, and social connectivity while cementing the... More