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（纳斯达克股票代码：WW）股价下跌，原因是该公司报告的第三季度业绩表现出现了分歧。
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%.
第三季度净营业收入同比下降10.2%，至19290万美元，低于19.343 亿美元的共识预期。订阅收入同比下降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.
调整后的毛利润为13330万美元，低于一年前的14220万美元。调整后的毛利率为69.1%，较上年同期的66.2%有所增加，反映成本降低以及终止较低毛利润消费产品的决定。
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.
公司第三季度经过调整的营业收入为3570万美元，排除了主要减值、资产重组和首席执行官分离成本，相比一年前的3660万美元有所下降。
Adjusted EPS was $0.24, down from $0.60 in the prior year's quarter and above the consensus of $0.06.
调整后的每股收益为0.24美元，低于去年同期的0.60美元，高于0.06美元的共识预期。
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.
期末订阅用户数整体下降了8.8%，数字业务部门下降，但临床订阅用户增加了71.5%，达到78,000人。总付费周数下降了7.4%，临床付费周数的增长略微抵消了这一下降。
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.
过去九个月中，经营活动中使用的净现金总额为2144.7万美元，远高于2023年的115.3万美元。截至2024年9月28日，公司现金余额为5718万美元。
"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公司首席财务官Heather Stark评论道：“我们的成本降低措施继续取得成果，包括创纪录的调整后毛利率第三季度。我们仍然按计划完成2024年的调整后营业收入指导，并实现整体成本节约目标。我们目前的行动正在推动改善盈利能力和流动性，努力扭转业务局面。”
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年展望再次确认：ww international预计营业收入至少为77000万美元（XHKG:775），年底总订阅用户数至少为310万。
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预计调整后营业利润为10000万美元以上，调整后EBITDAS为15000万美元以上，扣除费用后的营业亏损上限为24040万美元。
Price Action: WW shares are trading lower by 6.04% at $1.09 at the last check Wednesday.
股价走势：ww股票周三最后交易价格为1.09美元，较上一交易日下跌6.04%。
