on Interactive Strength Inc. (NASDAQ:TRNR)
Interactive Strength Inc. Updates Shareholders on 2025 Plans
Interactive Strength Inc. (Nasdaq: TRNR) has confirmed that its acquisitions of Sportstech and Wattbike are progressing smoothly and are expected to complete within the standard timeframes for cross-border transactions. The company has reiterated its guidance of achieving pro forma revenues exceeding $65 million in 2025.
The Austin-based company, known for its CLMBR and FORME brands, plans to provide an update in May 2025 on Sportstech's positive financial performance in the first quarter. This is part of TRNR's strategy to enhance its portfolio in the fitness industry by integrating innovative fitness equipment and digital solutions.
Investors and interested parties can find more information on the acquisition's rationale and structure on the company's investor website. Additionally, Interactive Strength aims to offer a comprehensive fitness experience through advanced hardware and digital platforms.
R. P.
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