Life Time (LTH) - 2024 Q2 - Quarterly Results
Life Time (LTH)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 ...