Form 8-K PELOTON INTERACTIVE, For: May 04

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Go back to Form 8-K PELOTON INTERACTIVE, For: May 04

Peloton (PTON) posts wider-than-expected loss, but beats revenue and guidance expectations

May 4, 2023 7:59 AM EDT

Peloton (NASDAQ: PTON) reported a wider-than-expected loss in its third-quarter but topped revenue and guidance estimates.

Peloton shares initially rose following the report, but it is now down over 1% premarket.

The struggling connected fitness equipment company reported a Q3 loss per share of... More

Peloton (PTON) Misses Q3 EPS by 31c, Revenue Beats, Guidance Tops Views

May 4, 2023 7:12 AM EDT

Peloton (NASDAQ: PTON) reported Q3 EPS of ($0.79), $0.31 worse than the analyst estimate of ($0.48). Revenue for the quarter came in at $748.9 million versus the consensus estimate of $710.79 million.

GUIDANCE:

Peloton sees Q4 2023 revenue of $630-650 million, versus the consensus of $614.4... More