IRVINE, Calif. (AP) 鈥� IRVINE, Calif. (AP) 鈥� Xponential Fitness Inc. (XPOF) on Thursday reported a loss of $4.1 million in its second quarter.
On a per-share basis, the Irvine, California-based company said it had a loss of 10 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 2 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The franchisor of boutique fitness brands posted revenue of $66 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $65.2 million.
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