MINDBODY's subscriber base increased by 15 percent during the quarter to 68,142, and average monthly revenue per subscriber grew 20 percent year over year to $293.
Nautilus reported virtually flat net sales for the first six months of 2018. However, CEO Bruce M. Cazenave said he believes key product launches and fall season retail orders will improve Nautilus’ revenue during the second half of the year.
Life Fitness will no longer be the exclusive preferred vendor for Planet Fitness after the health club chain's decision to offer broader equipment choices to its franchisees starting in the third quarter, Brunswick Chairman and CEO Mark Schwabero...
If convicted, the defendants—all Jawbone-turned-Fitbit employees—face a maximum sentence of 10 years imprisonment and a fine of $250,000 per each count of the possession of stolen trade secrets.
A new corporate membership program from ClassPass offers access to more than 9,000 health club and studio partners as well as on-demand interactive workout videos.
Technogym Chairman and CEO Nerio Alesandri attributed the company's first quarter revenue increase to strong growth in each of its main geographic markets, fueled by its new Skill Line product series and various digital initiatives.
Despite a revenue decrease in the first quarter, Fitbit recently entered into a partnership with Google, a collaboration that Fitbit's CEO said would "accelerate the pace of innovation to define the next generation of healthcare and wearables."
