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The Beachbody Company, a leading subscription health and fitness company, will be participating in upcoming investor conferences, including the 19th Annual Needham Technology, Media, & Consumer Conference on May 16, 2024, and the Singular Spring Select 2024 Webinar on May 22, 2024.
The Beachbody Company, Inc. (NYSE: BODi) reported Q1 2024 financial results with revenue of $120.0 million, beating guidance, achieving the first positive free cash flow quarter since 2020. The company improved its liquidity position significantly, with net cash increasing by $10 million in one quarter.
The Beachbody Company, Inc. (NYSE: BODI) announced a strategic partnership with Dr. B, a leading telehealth provider, enabling qualifying patients to use pre-tax Health Savings Accounts (HSA) or Flex Savings Accounts (FSA) funds to pay for BODi's fitness solutions. The partnership aims to save time and money for users by eliminating the need for an on-site doctor visit. This collaboration reflects the rising trend of telemedicine usage in the US and highlights the importance of whole-body health and longevity.
