WW International's Slimmed-Down Profits: Cost Cuts Help, But Subscriber Losses Weigh On Q3 Results
WW International's Slimmed-Down Profits: Cost Cuts Help, But Subscriber Losses Weigh On Q3 Results
The company's third-quarter adjusted operating income was $35.7 million, excluding major impairment, restructuring, and CEO separation costs, compared to $36.6 million a year ago.WW International, Inc. (NASDAQ:WW) shares are trading lower after the company reported mixed third-quarter results.
ww international公司（納斯達克股票代碼：WW）股價下跌，原因是該公司報告的第三季度業績表現出現了分歧。
Net revenues for the quarter declined 10.2% year-over-year to $192.9 million, missing the consensus of $193.439 million. Subscription revenues were down 6% YoY, while other revenues fell 85.6%.
第三季度淨營業收入同比下降10.2%，至19290萬美元，低於19.343 億美元的共識預期。訂閱收入同比下降6%，其他收入下降了85.6%。
Adjusted gross profit was $133.3 million, down from $142.2 million a year ago. The adjusted gross margin stood at 69.1%, up from 66.2% YoY, reflecting cost reductions and discontinuation of lower-margin consumer products.
調整後的毛利潤爲13330萬美元，低於一年前的14220萬美元。調整後的毛利率爲69.1%，較上年同期的66.2%有所增加，反映成本降低以及終止較低毛利潤消費產品的決定。
The company's third-quarter adjusted operating income was $35.7 million, excluding major impairment, restructuring, and CEO separation costs, compared to $36.6 million a year ago.
公司第三季度經過調整的營業收入爲3570萬美元，排除了主要減值、資產重組和首席執行官分離成本，相比一年前的3660萬美元有所下降。
Adjusted EPS was $0.24, down from $0.60 in the prior year's quarter and above the consensus of $0.06.
調整後的每股收益爲0.24美元，低於去年同期的0.60美元，高於0.06美元的共識預期。
End of period subscribers fell 8.8% overall, with Digital segments declining, but Clinical subscribers rose 71.5% to 78,000. Total Paid Weeks dropped 7.4%, offset slightly by growth in Clinical Paid Weeks.
期末訂閱用戶數整體下降了8.8%，數字業務部門下降，但臨床訂閱用戶增加了71.5%，達到78,000人。總付費週數下降了7.4%，臨床付費週數的增長略微抵消了這一下降。
Net cash used in operating activities for the nine months totaled $21.447 million, compared to $1.153 million used in 2023. As of September 28, 2024, the company's cash balance was $57.18 million.
過去九個月中，經營活動中使用的淨現金總額爲2144.7萬美元，遠高於2023年的115.3萬美元。截至2024年9月28日，公司現金餘額爲5718萬美元。
"The execution of our cost reduction initiatives continues to yield results, including another quarter of record adjusted gross margin. We remain on track to deliver on our 2024 adjusted operating income guidance and deliver on our overall cost savings targets. Our current actions are driving improved profitability and liquidity as we work to turn around the business," commented Heather Stark, the Company's CFO.
ww international公司首席財務官Heather Stark評論道：「我們的成本降低措施繼續取得成果，包括創紀錄的調整後毛利率第三季度。我們仍然按計劃完成2024年的調整後營業收入指導，並實現整體成本節約目標。我們目前的行動正在推動改善盈利能力和流動性，努力扭轉業務局面。」
2024 Outlook reaffirmed: WW International expects revenue of at least $770 million (XHKG:775) and year-end total subscribers of at least 3.1 million.
2024年展望再次確認：ww international預計營業收入至少爲77000萬美元（XHKG:775），年底總訂閱用戶數至少爲310萬。
WW sees Adjusted operating income of $100 million+, Adjusted EBITDAS of $150 million+, and operating loss capped at $240.4 million after charges.
ww international預計調整後營業利潤爲10000萬美元以上，調整後EBITDAS爲15000萬美元以上，扣除費用後的營業虧損上限爲24040萬美元。
Price Action: WW shares are trading lower by 6.04% at $1.09 at the last check Wednesday.
股價走勢：ww股票週三最後交易價格爲1.09美元，較上一交易日下跌6.04%。
譯文內容由第三人軟體翻譯。
