WW (WW) Tops Q3 EPS by 15c, Revenues Miss

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WW Announces Strong Third Quarter 2020 Results and Continued Subscriber Momentum

October 29, 2020 4:02 PM EDT

Q3 2020 End of Period Subscribers up 5% year-over-year to 4.7 million, an all-time Q3-end high  Q3 2020 End of Period Digital Subscribers up 23% year-over-year, an all-time Q3-end high

Q3 2020 Revenues of $321 million, down 8%, or 9% on a constant currency basis, year-over-year due to anticipated declines in the Studio + Digital business

Q3 2020 Gross Margin of 59.3%; excluding one-time charges, Q3 2020 adjusted gross margin increased year-over-year to... More