Interactive Strength surged 23.85% in premarket trading following the release of its Q3 financial results, which showed a 139% year-over-year revenue increase to $4.8 million. Despite a $5.2 million net loss, the company exceeded analyst expectations for its adjusted net loss while demonstrating strong growth in its CLMBR and FORME product lines. CLMBR, a vertical climbing machine with integrated digital classes, and FORME’s connected fitness hardware and services, highlight the firm’s expanding presence in the at-home and commercial fitness markets. The revenue outperformance and improved net loss guidance likely drove the premarket rally, reflecting investor confidence in the company’s scalable business model and demand for its innovative fitness solutions.
Comments
No comments yet