Skip to main content

Peloton: Fiscal Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Peloton Interactive Inc. (PTON) on Thursday reported a loss of $38.8 million in its fiscal second quarter.

The New York-based company said it had a loss of 9 cents per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.

The exercise bike and treadmill company posted revenue of $656.5 million in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $672.7 million.

For the current quarter ending in March, Peloton said it expects revenue in the range of $605 million to $625 million.

The company expects full-year revenue in the range of $2.4 billion to $2.44 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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related Stories

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary