Peloton Interactive Inc - Ordinary Shares - Class A

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Earnings Announcements

Peloton Interactive Posts Quarterly Loss Per Share Of $3.68

Published: 08/25/2022 11:43 GMT
Peloton Interactive Inc - Ordinary Shares - Class A (PTON) - Peloton Interactive, Inc. Reports Fourth Quarter and Full-year Fiscal 2022 Financial Results.
Total Revenue for the Quarter Was $678.7 Million, Down 28% When Compared to Covid-impacted Q4 FY21.
Ended Quarter With 2.97 Million Connected Fitness Subscriptions.
Qtrly Net Loss per Share Attributable to Common Stockholders, Basic and Diluted $3.68.
Quarter-end Members 6.9 Million.
Qtrly Member Engagement Remained Strong at 14.8 Average Monthly Workouts per Connected Fitness Subscription.
Average Net Monthly Connected Fitness Churn for the Quarter Was 1.41%.
Sees Total Revenue for Q1 FY 2023 $625 Million - $650 Million.
App Subscriptions Ended Quarter at 980 Thousand, Up 4 Thousand From Q3 and 12% Year-over-year.
Q4 Earnings per Share View $-0.72, Revenue View $718.2 Million -- Refinitiv Ibes Data (analyst estimates).
FY2023 Revenue View $3.62 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees Ending Connected Fitness Subscriptions Q1 FY 2023 2.966 Million - 2.966 Million.
Primary Driver of the Year-over-year Revenue in Decline for Quarter Was a Reduction in Consumer Demand Exiting Pandemic’s Peak.
Peloton Interactive - Q1 Outlook Reflects Near-term Demand Weakness Associated With Recent Hardware Price Increases & Typical Seasonal Demand Softness.
Peloton Interactive - Expect Improving Gross Margin in Q1, Primarily Due to Price Increases for Bike+ and Tread That Were Implemented in Mid-august.
Revenue is expected to be $638.96 Million
Adjusted EPS is expected to be -$0.64

Next Quarter Revenue Guidance is expected to be $877.08 Million
Next Quarter EPS Guidance is expected to be -$0.60

More details on our Analysts Page.