Interactive Strength Q3 EPS $(0.73) Up From $(30.16) YoY
Portfolio Pulse from Benzinga Newsdesk
Interactive Strength (NASDAQ:TRNR) reported a significant improvement in its Q3 earnings, with a loss of $(0.73) per share compared to a loss of $(30.16) per share in the same quarter of the previous year, marking a 97.58% increase in earnings.
November 15, 2023 | 7:43 am
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Interactive Strength reported a substantial year-over-year improvement in its Q3 EPS, reducing losses from $(30.16) to $(0.73) per share.
The significant reduction in losses per share for Interactive Strength suggests a strong improvement in the company's financial performance. This positive earnings report is likely to instill investor confidence and could lead to a short-term increase in the stock price, as the market reacts to the better-than-expected earnings results.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100