NEW YORK (AP) — NEW YORK (AP) — WW International, Inc. (WW) on Thursday reported a loss of $347.9 million in its first quarter.
The New York-based company said it had a loss of $4.39 per share. Losses, adjusted for asset impairment costs and non-recurring costs, came to 6 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 43 cents per share.
The weight-loss program operator posted revenue of $206.5 million in the period.
WW International expects full-year revenue in the range of $830 million to $860 million.
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