Exhibit 99.1

Contact:
Investor Relations:
Nicole Gunderson
IR@mindbodyonline.com
888-782-7155
Media Contact:
Jennifer Saxon
jennifer.saxon@mindbodyonline.com
805-419-2839
MINDBODY Reports Fourth Quarter and Full Year 2017 Financial Results
Full Year Total Revenue Grows 31% Year over Year
Fourth Quarter Average Revenue Per Subscriber Grows 31% Year over Year
SAN LUIS OBISPO, Calif., February 21, 2018 (GLOBE NEWSWIRE)—MINDBODY, Inc. (NASDAQ: MB), the leading technology platform for the wellness services industry, today announced financial results for the fourth quarter and full year ended December 31, 2017.
“This was the most successful year in MINDBODY history,” said Rick Stollmeyer, co-founder and chief executive officer of MINDBODY. “Throughout 2017, our platform delivered strong growth in total sessions booked, payments volume, and direct consumer engagement. We also saw rapid expansion of promoted introductory offer purchases and impressive early adoption of dynamic pricing in Q4. These results all point to the growing momentum of our transaction-enabled marketplace, which focuses on adding the right customers to our platform and promoting their offerings to an ever larger consumer audience. In the year ahead, we will leverage this momentum and the acquisition of FitMetrix to further engage with the best customers and accelerate consumer adoption. Our purpose is connecting the world to wellness, and we intend to help more people live healthier, happier lives than ever before.”

“The fourth quarter underscored the ongoing success of our refined growth strategy, with consistent revenue growth, record ARPS growth and the best margins in our history,” said Brett White, chief operating officer and chief financial officer. “Our excellent unit economics and improving operating leverage enabled us to deliver positive non-GAAP net income for the fourth quarter and the full year, while still investing substantially in product and growth.”
Fourth Quarter 2017 Financial Results

Total revenue for the fourth quarter of 2017 was $49.7 million, a 30% increase year over year.
Subscription and services revenue for the fourth quarter of 2017 was $29.9 million, a 34% increase year over year.
Payments revenue for the fourth quarter of 2017 was $19.1 million, a 25% increase year over year.
GAAP net loss for the fourth quarter of 2017 was $(2.9) million, or $(0.06) per share, compared to a GAAP net loss for the fourth quarter of 2016 of $(3.9) million, or $(0.10) per share.
Non-GAAP net income1 for the fourth quarter of 2017 was $1.7 million, or $0.03 per share, compared to a non-GAAP net loss for the fourth quarter of 2016 of $(1.6) million, or $(0.04) per share.
Adjusted EBITDA1 for the fourth quarter of 2017 was $3.6 million, compared to Adjusted EBITDA for the fourth quarter of 2016 of $0.6 million.

Full Year 2017 Financial Results
Total revenue for the full year of 2017 was $182.6 million, a 31% increase year over year.
Subscription and services revenue for the full year of 2017 was $109.2 million, a 32% increase year over year.
Payments revenue for the full year of 2017 was $71.3 million, a 32% increase year over year.
GAAP net loss for the full year of 2017 was $(14.8) million, or $(0.33) per share, compared to a GAAP net loss of $(23.0) million, or $(0.58) per share for the full year 2016.
Non-GAAP net income1 for the full year of 2017 was $0.7 million, or $0.02 per share, compared to a non-GAAP net loss of $(13.8) million, or $(0.35) per share for the full year 2016.
Adjusted EBITDA 1 for the full year of 2017 was $8.9 million, compared to an Adjusted EBITDA loss of $(4.8) million for the full year 2016.


The following information was filed by Mindbody, Inc. (MB) on Wednesday, February 21, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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