earnings
confidence high
sentiment negative
materiality 0.80
Peloton prelim Q2 rev ~$1.14B; subs miss guidance at 2.77M; adj EBITDA loss narrows vs guidance
PELOTON INTERACTIVE, INC.
2022-Q2 EPS reported
-$2.64
revenue$1,939,100,000
- Total revenue approximately $1.14B, in line with guidance of $1.1B-$1.2B.
- Ending Connected Fitness subscriptions ~2.77M, below guidance of 2.8M-2.85M.
- Adjusted EBITDA loss of $(260-270)M, better than prior guidance of $(325-350)M.
- Average net monthly connected fitness churn of 0.79%.
- Full Q2 fiscal 2022 results and more details on corrective actions expected Feb 8.