Interactive Strength Inc. (Nasdaq:TRNR) Shares New CEO Q&A Update Featuring TRNR and Wattbike CEO's
Interactive Strength Inc. (TRNR) has released a Q&A conversation between TRNR CEO Trent Ward and Wattbike CEO Stephen Loftus, providing updates on their pending acquisitions of Wattbike and Sportstech. The discussion, available on TRNR's investor website, details integration progress and collaboration plans between the companies.
Key points covered include go-to-market strategies in the UK and US, technological and data synergies, and cross-channel selling opportunities including Amazon. The update follows TRNR's strong Q1 earnings report and aims to reinforce investor confidence in the company's growth trajectory and potential value creation through these acquisitions.
Interactive Strength Inc. (TRNR) ha pubblicato una conversazione Q&A tra il CEO di TRNR, Trent Ward, e il CEO di Wattbike, Stephen Loftus, offrendo aggiornamenti sulle acquisizioni in corso di Wattbike e Sportstech. Il dialogo, disponibile sul sito per investitori di TRNR, illustra i progressi nell'integrazione e i piani di collaborazione tra le aziende.
I punti principali trattati includono le strategie di mercato nel Regno Unito e negli Stati Uniti, le sinergie tecnologiche e di dati, e le opportunità di vendita cross-channel, incluso Amazon. L'aggiornamento segue il solido rapporto sugli utili del primo trimestre di TRNR e mira a rafforzare la fiducia degli investitori nella traiettoria di crescita dell'azienda e nel potenziale valore creato da queste acquisizioni.
Interactive Strength Inc. (TRNR) ha publicado una conversación de preguntas y respuestas entre el CEO de TRNR, Trent Ward, y el CEO de Wattbike, Stephen Loftus, proporcionando actualizaciones sobre sus adquisiciones pendientes de Wattbike y Sportstech. La discusión, disponible en el sitio web para inversores de TRNR, detalla el progreso de la integración y los planes de colaboración entre las empresas.
Los puntos clave incluyen estrategias de entrada al mercado en Reino Unido y EE. UU., sinergias tecnológicas y de datos, y oportunidades de venta multicanal, incluyendo Amazon. La actualización sigue al sólido informe de resultados del primer trimestre de TRNR y busca reforzar la confianza de los inversores en la trayectoria de crecimiento de la empresa y el potencial de creación de valor a través de estas adquisiciones.
Interactive Strength Inc. (TRNR)는 TRNR의 CEO Trent Ward와 Wattbike의 CEO Stephen Loftus 간의 Q&A 대화를 공개하며, Wattbike와 Sportstech의 인수 진행 상황에 대한 최신 정보를 제공했습니다. 이 대화는 TRNR 투자자 웹사이트에서 확인할 수 있으며, 두 회사 간 통합 진행 상황과 협력 계획을 상세히 설명합니다.
주요 내용으로는 영국과 미국 시장 진입 전략, 기술 및 데이터 시너지, 그리고 아마존을 포함한 다채널 판매 기회가 포함되어 있습니다. 이번 업데이트는 TRNR의 강력한 1분기 실적 발표에 이어 투자자들의 회사 성장 경로와 이번 인수를 통한 가치 창출 가능성에 대한 신뢰를 강화하는 것을 목표로 합니다.
Interactive Strength Inc. (TRNR) a publié une session de questions-réponses entre Trent Ward, PDG de TRNR, et Stephen Loftus, PDG de Wattbike, fournissant des mises à jour sur leurs acquisitions en cours de Wattbike et Sportstech. La discussion, disponible sur le site investisseur de TRNR, détaille les progrès d’intégration et les plans de collaboration entre les entreprises.
Les points clés abordés incluent les stratégies de mise sur le marché au Royaume-Uni et aux États-Unis, les synergies technologiques et de données, ainsi que les opportunités de vente multicanal, notamment via Amazon. Cette mise à jour fait suite au solide rapport trimestriel de TRNR et vise à renforcer la confiance des investisseurs dans la trajectoire de croissance de l’entreprise et le potentiel de création de valeur grâce à ces acquisitions.
Interactive Strength Inc. (TRNR) hat ein Q&A-Gespräch zwischen TRNR-CEO Trent Ward und Wattbike-CEO Stephen Loftus veröffentlicht, in dem Updates zu den ausstehenden Übernahmen von Wattbike und Sportstech gegeben werden. Die Diskussion, verfügbar auf der Investorenseite von TRNR, beschreibt den Fortschritt der Integration und die Kooperationspläne zwischen den Unternehmen.
Wichtige Themen sind Markteintrittsstrategien in Großbritannien und den USA, technologische und datenbezogene Synergien sowie Cross-Channel-Verkaufsmöglichkeiten, einschließlich Amazon. Das Update folgt auf den starken Quartalsbericht von TRNR und soll das Vertrauen der Investoren in das Wachstumspotenzial und die Wertschöpfung durch diese Übernahmen stärken.
- Strong Q1 earnings performance reported
- Strategic acquisitions of Wattbike and Sportstech in progress
- Plans for cross-channel selling expansion including Amazon
- Technology and data synergies identified between companies
- None.
Top-to-Top Conversation Details Further Integration Planning Following Strong Q1 Earnings Report
AUSTIN, TEXAS / ACCESS Newswire / May 23, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced the publication of a shareholder update and Q&A conversation with TRNR Founder & CEO Trent Ward and Wattbike CEO Stephen Loftus.
The candid discussion - now available on the Company's investor website - provides new details on the companies' integration progress, how Wattbike and Sportstech will collaborate on go-to-market planning in the UK and US, tech and data advantages that both bring to each other and TRNR, and cross-channel selling including on Amazon.
"Leading up to the formal completion of our transformational acquisitions, investors should continue to have confidence in our growth, success and potential as a company," said Mr. Ward. "This update provides further concrete confirmation in the immediate, specific business initiatives underway right now across all three companies that we expect will create shareholder value."
Read the full update on our investor website.
TRNR Investor Contact
ir@interactivestrength.com
TRNR Media Contact
john@sintercompany.com
About Interactive Strength Inc.:
Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME. Interactive Strength Inc. is listed on NASDAQ (symbol:TRNR).
CLMBR is a vertical climbing machine that offers an efficient and effective full-body strength and cardio workout. CLMBR's design is compact and easy to move - making it perfect for commercial or in-home use. With its low impact and ergonomic movement, CLMBR is safe for most ages and levels of ability and can be found at gyms and fitness studios, hotels, and physical therapy facilities, as well as available for consumers at home. www.clmbr.com.
FORME is a digital fitness platform that combines premium smart gyms with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic fitness experience through two connected hardware products: 1) The FORME Studio Lift (fitness mirror and cable-based digital resistance) and 2) The FORME Studio (fitness mirror). In addition to the company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. www.formelife.com.
Forward Looking Statements:
This press release includes certain statements that are "forward-looking statements" for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management's assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as "believe", "project", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", "will be", "will continue", "will likely result" or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the possibility of completing the Sportstech or Wattbike transactions in a timely manner or at all, the synergies from these transactions as well as the financial performance of Sportstech through April 2025 as the financial metrics have not been audited or independently verified by the Company. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.
# # #
SOURCE: Interactive Strength Inc.
View the original press release on ACCESS Newswire
FAQ
What companies is TRNR (Interactive Strength) acquiring?
Who is the CEO of Interactive Strength (TRNR)?
What brands does Interactive Strength (TRNR) currently own?
What are the key integration plans between TRNR and Wattbike?
