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Peloton: Fiscal 2Q Earnings Snapshot

February 5, 2020 GMT

NEW YORK (AP) _ Peloton Interactive Inc. (PTON) on Wednesday reported a loss of $55.4 million in its fiscal second quarter.

The New York-based company said it had a loss of 20 cents per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.

The exercise bike and treadmill company posted revenue of $466.3 million in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $426.7 million.

Peloton expects full-year revenue in the range of $1.53 billion to $1.55 billion.

Peloton shares have risen 15% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PTON at https://www.zacks.com/ap/PTON