Planet Fitness Reports Q1 2023 Net Income of $24.8 Million
Q1 2023 Revenue for Planet Fitness Surpasses $222 Million
By USInMinutes
Published - Aug 03, 2023, 10:51 AM ET
Last Updated - Aug 03, 2023, 10:51 AM EDT
Planet Fitness, Inc.(PLNT) and subsidiaries have rel eased their condensed consolidated financial statements for the first quarter ended March 31, 2023. The report indicates significant financial performance, with both net income and revenue showing positive growth.
Net Income/Loss
During the first quarter of 2023, Planet Fitness reported a net income of $24.8 million. This marks a substantial increase from the same period last year, indicating a strong start to the fiscal year for the fitness industry giant.
Revenue