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Under Armour Reports Impressive Results and Sale of MyFitnessPal Platform

Under Armour Reports Impressive Results and Sale of MyFitnessPal Platform

Athletic performance apparel company Under Armour (NYSE: UA) (NYSE: UAA) gave investors some good news today when it released its third-quarter earnings report. President and CEO Patrik Frisk touted the company's "considerably better than expected performance" in a press release, even though overall revenue was flat compared to the previous-year period. The company also announced a strategic sale of its MyFitnessPal health and fitness platform as part of its continued transformation that began when founder and former CEO Kevin Plank hired Frisk in July 2017.