Peloton Interactive Posts 2Q Revenue Above Views

Dow Jones

02-06

By Don Nico Forbes

Peloton Interactive posted a narrowed net loss and revenue above analyst views in the fiscal second quarter, and updated its guidance for the year.

Shares were up 13% in premarket trading at $7.58.

The fitness equipment maker posted a net loss of $92.0 million, or 24 cents per share, compared with a loss of $194.9 million, or 54 cents per share, in the same quarter a year ago.

New York-based Peloton posted revenue of $673.9 million, down from $743.6 million, but above analyst expectations of $653 million.

For 2025, the company expects revenue to be between $2.43 billion and $2.48 billion, compared to the prior outlook of $2.40 billion to $2.50 billion provided in the first quarter.

Write to Don Nico Forbes at don.forbes@wsj.com

(END) Dow Jones Newswires

February 06, 2025 08:08 ET (13:08 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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