Beachbody Company (BODY) Misses Q4 EPS by 29c

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The Beachbody Company, Inc. Announces Fourth Quarter and Full Year 2021 Financial Results and Strategic Realignment Initiatives

March 1, 2022 4:05 PM EST

Fourth Quarter Results Exceed Guidance and Reflect Strong Execution

Solid Two-Year Growth in Total Digital and Nutritional Subscriptions +42%, Average Digital Retention +90BPS, Total Streams +21%, Reflecting Positive Secular Trends

Announces Strategy to Accelerate Path to Profitability, Reduce Cash Use from Operations by Approximately $110 Million, and Strengthen Competitive Position

EL SEGUNDO, Calif.--(BUSINESS WIRE)-- The Beachbody Company, Inc. (NYSE: BODY) (Beachbody or the Company), a leading subscription health and wellness company, today announced financial results for its fourth quarter and full year ended... More