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Peloton's Fiscal Q4 Net Loss Narrows, Revenue Rises; Fiscal 2025 Sales Outlook Issued
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Peloton's Fiscal Q4 Net Loss Narrows, Revenue Rises; Fiscal 2025 Sales Outlook Issued
Aug 25, 2024 4:31 AM

07:42 AM EDT, 08/22/2024 (MT Newswires) -- Peloton Interactive ( PTON ) reported a fiscal Q4 net loss Thursday of $0.08 per diluted share, narrower than a loss of $0.68 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.18.

Revenue for the quarter ended June 30 was $643.6 million, up from $642.1 million a year earlier.

Analysts polled by Capital IQ expected $627.4 million.

The company said it expects fiscal Q1 revenue of $560 million to $580 million. Analysts surveyed by Capital IQ expect $605.8 million.

For fiscal 2025, Peloton said it expects revenue to fall in the range of $2.40 billion to $2.50 billion. Analysts surveyed by Capital IQ expect $2.69 billion.

The company's shares were up more than 10% in recent Thursday premarket activity.

Price: 3.7200, Change: +0.36, Percent Change: +10.71

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