The Beachbody Company posted Q2 net income of USD 1.4 million, swinging from a loss a year earlier as operating income rose to USD 1.7 million.
Revenue fell 22.4% to USD 49.6 million versus the year-ago quarter, with digital revenue down 21.5% to USD 31.2 million.
Gross margin edged down 0.3 percentage points to 72%, while operating expenses dropped to USD 34.1 million from USD 50.2 million.
Adjusted EBITDA climbed 45.7% to USD 6.7 million, while digital subscriptions slid 19.1% to 760,000.
Management highlighted an omni-channel nutrition push into retail for brands including P90X and Shakeology; Q3 revenue outlook was set at USD 44 million to USD 48 million.
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