Life Time Group Holdings ( (LTH) ) has provided an update.
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Life Time Group Holdings reported a robust financial performance for Q3 2024, with total revenue estimated at $693.2 million, marking an 18.5% increase from the previous year. The company’s net income surged by 422.5% to $41.4 million, while adjusted EBITDA rose by 26.1% to $180.3 million. Life Time also reduced its net debt leverage ratio to 2.4x and expects positive free cash flow for a consecutive quarter, highlighting its strong financial health and strategic refinancing plans.
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