Interactive Strength Inc. (Nasdaq: TRNR) Reports First Quarter 2024 Results [Yahoo! Finance]
Interactive Strength Inc. (TRNR)
Company Research
Source: Yahoo! Finance
The Company confirms it expects to be run-rate Adjusted EBITDA positive as early as the fourth quarter of 2024 AUSTIN, TX - ( NewMediaWire ) - May 20, 2024 - Interactive Strength Inc. d/b/a FORME (the "Company", or "FORME") (NASDAQ: TRNR), today announced its financial results for the first quarter of 2024. The Company incurred a net loss of $11.4 million for the first quarter of 2024, or a loss of $0.67 per diluted share, as compared with a net loss of $15.9 million, or a loss of $2.09 per diluted share for the same period in 2023. Adjusted EBITDA, a non-GAAP financial measure, was a $3.4 million loss for the quarter. Adjusted EBITDA for the first quarter reflects $3.4 million of non-cash stock-based compensation. For more information regarding the non-GAAP financial measures discussed in this press release, please see "Non-GAAP Financial Measures" and "Reconciliation of GAAP to Non-GAAP Financial Measures" below. Trent Ward, Co-Founder and CEO of TRNR, said: "The first quar
Show less
Read more
Impact Snapshot
Event Time:
TRNR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRNR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRNR alerts
High impacting Interactive Strength Inc. news events
Weekly update
A roundup of the hottest topics
TRNR
News
- Interactive Strength Inc. (Nasdaq: TRNR) and Woodway Successfully Complete CLMBR Group Fitness Pilot With Crunch Fitness [Yahoo! Finance]Yahoo! Finance
- Interactive Strength Inc. (Nasdaq: TRNR) Announces 1-for-40 Reverse Split [Yahoo! Finance]Yahoo! Finance
- Interactive Strength Inc. (Nasdaq: TRNR) Announces Closing of $1 Million Registered Direct Offering Priced At-the- Market Under Nasdaq Rules [Yahoo! Finance]Yahoo! Finance
- Interactive Strength Inc. (Nasdaq: TRNR) Announces $1 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules [Yahoo! Finance]Yahoo! Finance
- Interactive Strength Inc. (Nasdaq: TRNR) Strengthens Balance Sheet by Partially Converting Senior Loan to Equity and Extending the Maturity [Yahoo! Finance]Yahoo! Finance
TRNR
Sec Filings
- 6/24/24 - Form 8-K
- 6/21/24 - Form S-1
- 6/18/24 - Form 8-K
- TRNR's page on the SEC website