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TRNR — Interactive Strength News Story

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Fitness equipment maker Interactive Strength's Q3 revenue up 139%, net loss beats estimates

Overview

Interactive Strength Q3 revenue grows 139% YoY to $4.8 mln

Net loss of $5.2 mln beats analyst expectations

Adjusted EBITDA loss of $2.9 mln misses analyst estimates

Company reiterates 2025 revenue guidance of over $80 mln

Outlook

Interactive Strength reiterates 2025 pro forma revenue guidance of more than $80 mln

Company expects to achieve pro forma Adjusted EBITDA profitability in Q4

Sportstech acquisition expected to close in 2025, contributing to revenue growth

Result Drivers

WATTBIKE ACQUISITION - Inclusion of Wattbike contributed to record revenue growth of $4.8 mln

LOW INVENTORY - Adjusted EBITDA loss of $2.9 mln attributed to low inventory availability

SPORTSTECH ACQUISITION - Expected to close in 2025, anticipated to drive revenue and profitability

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Net IncomeBeat-$5.20 mln-$5.74 mln (2 Analysts)
Q3 Adjusted EBITDAMiss-$2.90 mln-$1.95 mln (2 Analysts)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the leisure & recreation peer group is "buy" Wall Street's median 12-month price target for Interactive Strength Inc is $11.50, about 77.4% above its November 13 closing price of $2.60 Press Release: ID:nACSYlqdfa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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