September 26, 2022
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MindBody getting closer to profitability

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MindBody hit a major milestone for the first time since its IPO, reporting a trickle of operating profits during its most recent quarter. Excluding stock-based compensation and amortization of certain assets, the company posted a net income of $700,000, presaging a forthcoming shift into profitability. Revenues for the San Luis Obispo-based software provider for the…

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