Peloton: Fiscal Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Peloton Interactive Inc. (PTON) on Thursday reported a loss of $194.9 million in its fiscal second quarter.
On a per-share basis, the New York-based company said it had a loss of 54 cents.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share.
The exercise bike and treadmill company posted revenue of $743.6 million in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $740.8 million.
For the current quarter ending in March, Peloton said it expects revenue in the range of $700 million to $725 million.
The company expects full-year revenue in the range of $2.68 billion to $2.75 billion.
_____
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
