Reports Q1 revenue $706.04M, consensus $683.01M. Center memberships increased by 24,364, or 3%. Bahram Akradi, Founder, Chairman and CEO, stated: “We continue to see increased member engagement, with visits and revenue per membership at new highs. The desirability of the Life Time brand is evident in our ongoing success in attracting and retaining increasingly higher quality memberships to our centers. We are also excited to leverage the strength of our brand as we expand our LTH nutritional products and enhance our digital offering, including our L.AI.C companion. Our balance sheet is strong, positioning us well to capitalize on the opportunities ahead.”
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