Peloton rises on strong quarterly results, upbeat profit outlook
PTON•PTON•PTON•PTON•Peloton shares rose about 10% premarket after Q1 revenue of $559.2 million beat estimates and EPS reached $0.19, versus $0.03 a year earlier. The company forecast Q2 revenue of $625 million to $650 million and adjusted EBITDA of $85 million to $100 million.
Peloton reported Q1 revenue of $559.2 million, above the $553.7 million estimate, and EPS of $0.19, compared with $0.03 a year earlier. Adjusted EBITDA rose 42% to $167.8 million, while gross margin was 61.3%, above the company’s 57% guidance.
For Q2, Peloton expects revenue of $625 million to $650 million, with the midpoint above the $633.9 million average estimate, and adjusted EBITDA of $85 million to $100 million. It maintained its FY27 revenue outlook of $2.30 billion to $2.40 billion, whose midpoint was slightly below the $2.36 billion average estimate. Ending paid connected fitness subscriptions fell 9% to 2.5 million.
