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Stock impact report

Planet Fitness, Inc. Announces Second Quarter 2018 Results

Planet Fitness, Inc. (PLNT) 
Last planet fitness, inc. earnings: 2/25 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
HAMPTON, N.H., Aug. 9, 2018 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its second quarter ended June 30, 2018.Second Quarter Fiscal 2018 HighlightsTotal revenue increased from the prior year period by 31.0% to $140.6 million. System-wide same store sales increased 10.2%. Net income attributable to Planet Fitness, Inc. was $25.9 million, or $0.29 per diluted share, compared to net income attributable to Planet Fitness, Inc. of $12.4 million, or $0.16 per diluted share in the prior year period. Net income was $30.4 million, compared to net income of $18.0 million in the prior year period. Adjusted net income(1) increased 53.3% to $33.2 million, or $0.34 per diluted share, compared to $21.7 million, or $0.22 per diluted share in the prior year period. Adjusted EBITDA(1) increased 21.8% to $58.4 million from $47.9 million in the prior year period. 44 new Planet Fitness franchise stores were opened during the period, bringing system-wide total st Show less Read more
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