WW International, Inc. (WW) Tops Q1 EPS by 17c
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WW Announces First Quarter 2022 Results
May 5, 2022 4:01 PM EDTQ1 2022 End of Period Subscribers of 4.5 million
Q1 2022 Revenues of $298 million
Q1 2022 Gross Margin of 60.5%
Q1 2022 Operating Income of $9.0 million
2022 Restructuring Plan expected to result in nearly $30 million of annual run-rate cost savings
FY 2022 Guidance: Revenues in the range of $1.09 billion to $1.14 billion and GAAP EPS in the range of $0.72 to $0.78 per fully diluted share, incorporating the negative impact of approximately $0.20 to $0.24 per fully diluted share of estimated restructuring charges
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