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News & Analysis: Mindbody
Shares soar after the company announces that it's being taken private. Did Christmas come a day early for shareholders?
Growth at a reasonable price? You bet!
In the third quarter, the leading technology platform provider for the wellness services industry grew revenue 37% year over year, but integration of its recent acquisitions is proving more challenging than management expected.
MB earnings call for the period ending September 30, 2018.
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The technology platform provider for the fitness, wellness, and beauty services industries grew revenue 40% year over year, but pared back its full-year revenue outlook.
This outstanding business is poised to deliver strong gains to investors who buy today.
What is the company actually getting for the $183 million it has poured into acquisitions?
The leading technology platform provider for the fitness, wellness, and beauty services industries plans to invest "significantly" in its two recent acquisitions to turbocharge growth.