MINDBODY (MB) Tops Q1 EPS by 2c, Guides Revene Below Views

MINDBODY (NASDAQ: MB) reported Q1 EPS of $0.06, $0.02 better than the analyst estimate of $0.04. Revenue for the quarter came in at $53.8 million versus the consensus estimate of $53.85 million.

GUIDANCE:

MINDBODY sees Q2 2018 revenue of $59.5-61.5 million, versus the consensus of $62.6 million.

MINDBODY sees FY2018 revenue of $246-252 million, versus the consensus of $254.5 million.

• Non-GAAP net loss for the second quarter of 2018 in the range of $(4.5) million to $(3.0) million and weighted average shares outstanding for the second quarter of approximately 47.6 million shares.
• Non-GAAP net loss for the full year of 2018 in the range of $(10.0) million to $(6.0) million and weighted average shares outstanding for the full year of approximately 47.8 million shares.

For earnings history and earnings-related data on MINDBODY (MB) click here.

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