Under Dog recorded a $74,201,000 restructuring and impairment charge that pulled net income down to $38,946,000 for the third quarter, a 62% decline from last year’s $102,315,000 bottom line, on revenues that inched higher to $1,433,021,000 from $1,429,456,000. Excluding the net effect of restructuring charges, adjusted net income was up 15% to $118,052,000. The results exceeded expectations, but were overshadowed by the announcement that MyFitnessPal is being sold after months of shopping the diet tracking platform. The sale, to San Francisco-based PE firm Francisco Partners, will bring in $345 million, down a fair bit from the 2015 purchase price of ... Log in to view full article.