Brief: Life Time Reaffirms Full Year Fiscal 2023 Guidance

Life Time group

27/12/2023 17:37

Dec 27 (Reuters) - Life Time Group Holdings Inc  LTH.N :
    * LIFE TIME REAFFIRMS FULL YEAR FISCAL 2023 GUIDANCE
    * Q4 REVENUE IS EXPECTED TO INCREASE APPROXIMATELY 18.5% TO
$555-$565 MILLION FROM $472.7 MILLION IN PRIOR YEAR PERIOD
    * Q4 NET INCOME IS EXPECTED TO BE UP APPROXIMATELY 13.1% TO
$14-$17 MILLION FROM $13.7 MILLION IN PRIOR YEAR PERIOD
    * WE EXPECT TO BE FREE CASH FLOW POSITIVE AFTER ALL CAPITAL
EXPENDITURES, INCLUDING NEW CLUB GROWTH, BY MIDDLE OF 2024
    * Q4 REVENUE VIEW $554.8 MILLION -- LSEG IBES DATA

Source text for Eikon:  ID:nPn5pBQPva 
Further company coverage:  LTH.N 

 ((Reuters.Briefs@thomsonreuters.com;))