Mindbody Earnings: Revenue Jumps 31% and Loss Narrows

Mindbody Earnings: Revenue Jumps 31% and Loss Narrows

Mindbody (NASDAQ: MB) reported second-quarter 2017 results after the market closed on Wednesday. The company -- which provides an online platform for wellness class providers that allows users to book classes across venues -- posted healthy revenue growth of 31%, while its adjusted loss per share narrowed to $0.01 from $0.10 in the year-ago period. 

Shares of Mindbody declined 2.3% on Thursday. The stock has gained 48.7% over the one-year period through Thursday, versus the S&P 500's 16.3% total return. 

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Source: Fool.com