Life Time Group Holdings Inc (NYSE:LTH)
$ 21.92 -0.28 (-1.26%) Market Cap: 4.59 Bil Enterprise Value: 8.59 Bil PE Ratio: 31.94 PB Ratio: 1.75 GF Score: 78/100
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Q3 2023 Life Time Group Holdings Inc Earnings Call Transcript

Oct 25, 2023 / 02:00PM GMT
Release Date Price: $12.12 (-15.24%)
Operator

Greetings. Welcome to the Life Time Group Holdings Third Quarter 2023 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

At this time, I would like to hand the call over to Ken Cooper of investor Relations. Thank you. You may begin.

Ken Cooper

Good morning and thank you for joining us for the Life Time Third Quarter of 2023 Earnings Conference Call. With me today are Bahram Akradi, Founder, Chairman and CEO; and Bob Houghton, CFO.

During this call, the company will make forward-looking statements which involve a number of risks and uncertainties that may cause actual results to differ materially from those forward-looking statements made today. There is a comprehensive discussion of risk factors in the company's SEC filings, which you are encouraged to review.

The company will discuss certain non-GAAP financial measures including adjusted net income, adjusted EBITDA, adjusted diluted EPS, net debt to adjusted EBITDA or what we refer to as our net debt leverage ratio and free cash flow. This

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