May 24, 2018 10:10 PM ET

Internet Software and Services

Company Overview of MINDBODY, Inc.

Company Overview

MINDBODY, Inc. operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, a...

4051 Broad Street

Suite 220

San Luis Obispo, CA 93401

United States

Founded in 2001

1,461 Employees

Phone:

877-755-4279

Key Executives for MINDBODY, Inc.

Chief Technology Officer
Age: 38
Total Annual Compensation: $252.5K
Compensation as of Fiscal Year 2016.

MINDBODY, Inc. Key Developments

Mindbody, Inc. Elects Richard Stollmeyer as Class III Director

Mindbody, Inc., at its AGM held on May 17, 2018, elected Richard Stollmeyer as Class III director of the company.

MINDBODY, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the Second Quarter and Full Year of 2018

MINDBODY, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of $53,823,000 compared to $42,214,000 a year ago. Loss from operations was $4,154,000 compared to $3,473,000 a year ago. Loss before provision of income taxes was $3,749,000 compared to $3,767,000 a year ago. Net loss was $1,691,000 or $0.04 basic and diluted loss per share against $3,909,000 or $0.10 basic and diluted earnings per share a year ago. Net cash provided by operating activities was $55,000 against $1,033,000 a year ago. Acquisitions of plant, equipment were $1,969,000 against $1,406,000 a year ago. Additions to internally developed software were $1,043,000. Non-GAAP net income was $2,850,000 or $0.06 per share against non-GAAP net loss of $1,238,000 or $0.03 per share a year ago. Adjusted EBITDA was $4.6 million compared to $1.1 million a year ago. For the second quarter 2018, the company expects revenue in the range of $59.5 million to $61.5 million, representing 35% to 39% growth over the second quarter of 2017. Non-GAAP net loss is expected to be in the range of $4.5 million to $3.0 million. For the full year 2018, the company expects revenue in the range of $246.0 million to $252.0 million, representing 35% to 38% growth over the full year of 2017. Non-GAAP net loss is expected to be in the range of $10.0 million to $6.0 million.

MINDBODY, Inc. Presents at Jefferies 2018 Technology Conference, May-09-2018 02:00 PM

MINDBODY, Inc. Presents at Jefferies 2018 Technology Conference, May-09-2018 02:00 PM. Venue: The Montage Hotel, Beverly Hills, California, United States.

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