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Weight Watchers Posts Smaller Loss Than Expected

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Weight Watchers Posts Smaller Loss Than Expected

Weight Watchers Posts Smaller Loss Than Expected

Business Insider reports Weight Watchers shares went up 5% after Thursday's closing bell.

The company reported an adjusted loss of $0.16 a share.

Analysts had told Bloomberg they were expecting a $0.26 loss.

Revenue for the quarter came out to $363 million, 1% below the anticipated $366 million.

Weight Watchers raised its 2019 earnings-per-share guidance to between $1.35 and $1.55, 5% higher at the mid-point than it originally shared.


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