Xponential Fitness, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:10 pm EST
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Xponential Fitness, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 80.44 million compared to USD 63.76 million a year ago. Net loss was USD 3.38 million compared to USD 7.14 million a year ago. Basic earnings per share from continuing operations was USD 0.91 compared to basic loss per share from continuing operations of USD 1.53 a year ago. Diluted loss per share from continuing operations was USD 0.5 compared to USD 1.53 a year ago.
For the nine months, revenue was USD 228.47 million compared to USD 173.69 million a year ago. Net income was USD 5.01 million compared to USD 2.18 million a year ago. Basic earnings per share from continuing operations was USD 1.08 compared to USD 0.28 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago.
Xponential Fitness, Inc. is the global franchisor of boutique fitness brands. The Company operates a diversified platform of ten brands spanning across verticals, including pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training and yoga. The Company's portfolio of brands includes Club Pilates, a Pilates brand in the United States; CycleBar, the indoor cycling brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; Row House, the franchised indoor rowing brand in the United States; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, a yoga brand in the United States; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; BFT, a functional training and strength-based program; Rumble, a boxing-inspired full-body workout, and Lindora, a provider of medically guided wellness and metabolic health solutions.
XPONENTIAL FITNESS, INC. 
