YogaWorks, Inc. Provides Earnings Guidance for the First Quarter and Full Year Fiscal 2019; Announces Impairment for the Fourth Quarter Ended December 31, 2018
For fiscal 2019, the company expects net revenue between $60.0 million and $62.0 million. This compares to net revenue of $59.6 million for 2018.
For the quarter, the company reported goodwill impairment of $4,629,000 against $7,488,000 a year ago and asset impairment of $324,000 against $207,000 a year ago.