November 13, 2024
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San Luis Obispo’s MindBody beat analysts’ estimates but lost money

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During a second quarter earnings call on Aug. 4, it was all cheers for MindBody CEO Rick Stollmeyer. Stollmeyer and MindBody Chief Financial Officer Brett White had a giddy tone during the San Luis Obispo company’s first conference call after its initial public offering. “Congrats on a great quarter,” one analyst said. MindBody, which develops…

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