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Article Date: May 2024
Word Count: 148

Beachbody’s Connected Bike Sales Drop in Q1


Sales of BODI’s Myx bikes and other connected fitness equipment were halved to $3,028,000 from $6,008,000 in the first quarter on bike unit deliveries that fell 24% to 3.5 million from 4.7 million. Overall, net loss narrowed 50% to $14,154,000 from $29,140,000 on sales that were down 17% to $120,046,000 from $144,901,000, but rose sequentially for the first time since 2021. Digital fitness subscriptions declined ... Log in to view full article.

 


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