Interactive Strength Inc. (TRNR) News
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Latest TRNR News From Around the Web
Below are the latest news stories about INTERACTIVE STRENGTH INC that investors may wish to consider to help them evaluate TRNR as an investment opportunity.
Interactive Strength Inc. d/b/a FORME Reports Third Quarter 2023 ResultsNet Loss and Earnings per Diluted Share of $10.4 million and $0.73 Adjusted EBITDA was a $3.4 million loss, a $5.8 million improvement versus third quarter of 2022 Entered into a definitive agreement to acquire substantially all of the assets of CLMBR, Inc. AUSTIN, TX, Nov. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Interactive Strength Inc. d/b/a FORME (the "Company", or “FORME”) (NASDAQ: TRNR), today announced its financial results for the third quarter of 2023. The Company incurred a net |
Insiders In Interactive Strength Still Down 80% On US$720.0k InvestmentInsiders who bought US$720.0k worth of Interactive Strength Inc. ( NASDAQ:TRNR ) stock in the last year have seen some... |
Interactive Strength, Inc. d/b/a FORME (Nasdaq: TRNR) to Present at the Webull LIVE! with Corporate Connect: Virtual Consumer Tech WebinarInteractive Strength recently signed agreement to acquire CLMBR, creating a high-growth, B2B focused, connected fitness platform Trent Ward (CEO) to present on Wednesday, October 18th at 3:00PM/ET AUSTIN, TX, Oct. 17, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Interactive Strength Inc. d/b/a FORME (Nasdaq: TRNR), maker of premium smart home gyms and provider of virtual personal training services, announces Trent Ward, CEO will present at the Webull LIVE! with Corporate Connect: Virtual Consumer |
Interactive Strength, Inc. d/b/a FORME Announces Strategic Partnership with HSA/FSA Payment Provider TruemedCollaboration incentivizes U.S. customers to spend funds from HSA (Health Savings Accounts) and FSA (Flexible Spending Accounts) programs to purchase FORME's personal training and smart home gyms with pre-tax dollarsPartnership enhances FORME’s B2C positioning as a growth driver to complement the B2B initiative of acquiring CLMBR that was announced on October 11 AUSTIN, TX, Oct. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Interactive Strength Inc. d/b/a FORME (Nasdaq: TRNR), maker of premium |
FORME Eyes Sustainable Growth Through CLMBR Acquisition Using A B2B/B2C Multi-channel Strategy To ‘Avoid Mistakes Of Peloton, Other Struggling Connected Fitness Companies’AUSTIN, TX / ACCESSWIRE / October 13, 2023 / It's been a rough couple of years for connected fitness as the pandemic-era bubble burst leaving once shining growth stocks like Peloton grappling with waning demand and high production costs. However, ... |
Interactive Strength, Inc. d/b/a FORME (Nasdaq: TRNR) to Acquire CLMBR, Creating a High-growth, B2B Focused, Connected Fitness PlatformThe combined business is anticipated to generate more than $20 million in revenue in 2024 and be cashflow positive and adjusted EBITDA profitable potentially as early as the fourth quarter of 2024The combined business is expected to be driven primarily by B2B revenue supported by the acquired sales and distribution partnership with WOODWAYCLMBR shareholders to receive TRNR common equity with lock up until October 2024The transaction is expected to close in the fourth quarter of 2023 AUSTIN, TX, |
TRNR: Strategy - Drive Membership, Revenue by Enabling Customization & Leveraging B2B ChannelBy M. Marin NASDAQ:TRNR Interactive Strength Inc. (NASDAQ:TRNR) is an emerging digital fitness company that sells smart home gyms and 1:1 virtual personal training services under the brand name Forme . While other players in the connected fitness space such as Peloton and lululemon Studio also offer subscription based models, the company believes it delivers a more attractive package compared to |
CORRECTION BY SOURCE: Goldman Small Cap Research Publishes New Research Report on Interactive Strength, Inc.Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has published a new research report on Interactive Strength, Inc. d/b/a FORME (NASDAQ:TRNR). FORME recently signed a Letter of Intent (LOI) to acquire a peer in a transformative transaction that could accelerate revenue and profit growth, along with its valuation. The Goldman report carries a price target. |
Goldman Small Cap Research Publishes New Research Report on Interactive Health, Inc.Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has published a new research report on Interactive Health, Inc. d/b/a FORME (NASDAQ:TRNR). FORME recently signed a Letter of Intent (LOI) to acquire a peer in a transformative transaction that could accelerate revenue and profit growth, along with its valuation. The Goldman report carries a price target. |
Interactive Strength Inc. (Nasdaq: TRNR d/b/a “FORME”) Announces Non-Binding Letter of Intent and Exclusivity Agreement to Acquire a Connected Fitness Equipment BusinessThe combined Company is projected to generate more than $25 million in gross revenue in 2024 and be cashflow positive and adjusted EBITDA profitable by the fourth quarter of 2024It is currently anticipated that all of the equity of the target company will be exchanged for TRNR equity and be subject to a “lock-up” until the end of October 2024, similar to pre-IPO shareholdersThe transaction is expected to close as early as the fourth quarter of 2023 AUSTIN, TX, Aug. 15, 2023 (GLOBE NEWSWIRE) -- v |