Planet Fitness, Inc. Announces Third Quarter 2021 Results

For the third quarter of 2021, internet earnings attributable to Planet Health, Inc. was $17.4 million, or $0.21 per diluted share, in comparison with a internet loss attributable to Planet Health, Inc. of $3.1 million, or $0.04 per diluted share, within the prior yr interval. Internet earnings was $18.6 million within the third quarter of 2021 in comparison with a internet lack of $3.3 million within the prior yr interval. Adjusted internet earnings elevated $20.4 million to $22.0 million, or $0.25 per diluted share, from $1.6 million, or $0.02 per diluted share, within the prior yr interval. Adjusted internet earnings has been adjusted to replicate a normalized federal earnings tax fee of 26.6% and 26.8% for the present and prior yr interval, respectively, and excludes sure non-cash and different objects that we don’t contemplate within the analysis of ongoing operational efficiency (see “Non-GAAP Monetary Measures”).

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