Workflow
Life Time (LTH)
icon
Search documents
Life Time Announces Commencement of Public Offering of 12,000,000 Shares of Common Stock
Prnewswire· 2024-08-12 11:10
CHANHASSEN, Minn., Aug. 12, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) ("Life Time" or the "Company") announced today that the Company and certain of its existing stockholders (the "Selling Stockholders") intend to offer and sell 6,000,000 shares and 6,000,000 shares, respectively, of the Company's common stock in an underwritten public offering pursuant to Life Time's shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The underwriters in the off ...
Earnings Estimates Moving Higher for Life Time Group Holdings (LTH): Time to Buy?
ZACKS· 2024-08-09 17:21
Life Time Group Holdings, Inc. (LTH) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between t ...
Life Time is creating its own pickleball as the sport booms
CNBC· 2024-08-09 13:00
Tired of playing with pickleballs he found inconsistent in bounce and durability, Life Time's founder and CEO Bahram Akradi decided to take matters into his own hands. On Friday, the upscale fitness and lifestyle company announced it has created what it dubs "the ultimate pickleball." Life Time will debut the ball exclusively at the company's clubs later this month. "This was a problem with the sport and it needed to be solved, so we basically stepped in and solved it," Akradi said. Akradi has gone all in o ...
Life Time Files Patent, Announces The Ultimate Pickleball
Prnewswire· 2024-08-09 13:00
Life Time Founder, Chairman and CEO spearheads new ball for better play, consistency and durability CHANHASSEN, Minn., Aug. 9, 2024 /PRNewswire/ -- Life Time, which continues to be at the forefront of the fastest-growing sport in America, today announced it has filed a patent for The Ultimate Pickleball. Designed to address common issues of inconsistent speed, bounce and durability, the new patent-pending ball will be unveiled during an exclusive event featuring tennis legend and pickleball fan, Andre Agass ...
Life Time (LTH) - 2024 Q2 - Earnings Call Transcript
2024-08-04 11:40
Life Time Group Holdings, Inc. (NYSE:LTH) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Ken Cooper - Investor Relations Bahram Akradi - Founder, Chairman and CEO Erik Weaver - SVP, Interim CFO and CAO Conference Call Participants Alexander Perry - Bank of America Louise Doss - Morgan Stanley John Heinbockel - Guggenheim Brian Nagel - Oppenheimer & Company Simeon Siegel - BMO Capital Markets Owen Rickert - Northland Securities Alex Fuhrman - Craig-Hallum Capital Group Logan ...
Life Time (LTH) - 2024 Q2 - Quarterly Report
2024-08-01 20:34
Table of Contents Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Common stock, par value $0.01 per share LTH The New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition peri ...
Life Time Group Holdings, Inc. (LTH) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-08-01 12:55
Life Time Group Holdings, Inc. (LTH) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 56.25%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.15, delivering a surprise of -6.25%. Over the last four quarte ...
Life Time (LTH) - 2024 Q2 - Quarterly Results
2024-08-01 11:05
Exhibit 99.1 TIME FOR IMMEDIATE RELEASE Life Time Reports Second Quarter 2024 Financial Results • Total revenue of $667.8 million increased 18.9% over the prior year quarter • Net income of $52.8 million increased by $35.8 million over the prior year quarter • Adjusted EBITDA of $173.5 million increased by 27.6% over the prior year quarter • Diluted EPS increased to $0.26 • Achieved positive free cash flow • Reduced net debt leverage ratio to 3.0 times CHANHASSEN, Minn. (August 1, 2024) – Life Time Group Ho ...
Life Time Names Erik Weaver Chief Financial Officer
Prnewswire· 2024-08-01 11:00
CHANHASSEN, Minn., Aug. 1, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," or the "Company") (NYSE: LTH) today announced that Erik Weaver has been appointed Executive Vice President & Chief Financial Officer effective today, August 1, 2024. Mr. Weaver had served as the Company's Interim Chief Financial Officer since January 1, 2024. Mr. Weaver joined the Company in 2004 and has served in increasing roles of responsibility, including as the Company's Assistant Controller from 2 ...
Life Time Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-01 10:45
Total revenue of $667.8 million increased 18.9% over the prior year quarter Net income of $52.8 million increased by $35.8 million over the prior year quarter Adjusted EBITDA of $173.5 million increased by 27.6% over the prior year quarter Diluted EPS increased to $0.26 Achieved positive free cash flow Reduced net debt leverage ratio to 3.0 times CHANHASSEN, Minn., Aug. 1, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced its f ...