Life Time Group Holdings, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2022 and for the Year Ending December 31, 2022
August 10, 2022 at 06:45 am EDT
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Life Time Group Holdings, Inc. provide earnings guidance for the third quarter ending September 30, 2022 and for the year ending December 31, 2022. For the third quarter, the company expects revenue and net loss to be in the ranges of $490 million to $510 million and $24 million to $15 million respectively.
For the full year ending December 31, 2022, the Company is projecting revenue and net loss to be in the ranges of $1.80 to $1.85 billion and $73.6 to $55.6 million respectively.
Life Time Group Holdings, Inc. is a holding company. It is a lifestyle brand providing health, fitness, and wellness experiences at its athletic country club destinations and through a digital platform and a portfolio of athletic events. It designs, builds, and operates its athletic country club destinations that are distinctive, multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment. It offers fitness floors with equipment, spacious locker rooms, group fitness studios, indoor and outdoor pools and bistros, indoor and outdoor tennis courts, pickleball and basketball courts, LifeSpa, LifeCafe and its childcare and Kids Academy learning spaces. Its Life Time Digital features include live streaming fitness classes, remote goal-based personal training, nutrition and weight-loss support, curated health and fitness and wellness content. It has a portfolio of more than 170 athletic country clubs across the United States and Canada.
LIFE TIME GROUP HOLDINGS, INC. 
