Connected fitness sales at BODI were down 62% in the fourth quarter to $1.2 million from $3.2 million on 2,700 bike unit deliveries, down 34% from 4,100 a year ago. Overall, net loss narrowed 47% to $34.6 million from $65.0 million on sales of $86.4 million, down 27% from $119.0 million. Digital subscriptions dropped 18% to 1.07 million as segment revenue slipped 21% to $50.4 million, while nutritional subscriptions were off 44% at 0.09 million and sales fell 33% to $34.8 million.

For the full year, connected fitness revenue tallied $6.6 million, ... Log in to view full article.