For the quarter ended June 2024, Peloton (PTON) reported revenue of $643.6 million, up 0.2% over the same period last year. EPS came in at -$0.08, compared to -$0.68 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $626.19 million, representing a surprise of +2.78%. The company delivered an EPS surprise of +55.56%, with the consensus EPS estimate being -$0.18.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

Peloton Interactive Inc (NASDAQ:PTON) announced smaller-than-expected losses of 8 cents per share for the second quarter, in addition to a revenue beat as sales grew for the first time in over two years. The embattled fitness company noted it is now prioritizing profitability and cutting marketing and sales expenses. Though PTON remains firmly in penny stock territory, it was last seen up 17.4% to trade at $3.95, breaking through overhead pressure from the 60-day moving average as it bounces off its lowest ...

Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used equipment for a fraction of the typical retail price.The used equipment activation fee for subscribers in the U.S. and Canada comes as Peloton starts to see a meaningful increase in new members who bought used Bikes or Treads from peer-to-peer markets such as Facebook Marketplace. During its fiscal fourth quarter, which ended ...

Peloton (PTON) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 55.56%. A quarter ago, it was expected that this exercise bike and treadmill company would post a loss of $0.39 per share when it actually produced a loss of $0.45, delivering a surprise of -15.38%.Over the last four quarters, the ...

Interactive fitness platform provider Peloton Interactive, Inc. PTON stock jumped during premarket trading on Thursday after the company reported better-than-expected fourth-quarter results.The company reported sales of $643.6 million, up marginally by 0.2% year over year, beating the consensus of $630.5 million and outperforming the company’s $618 million-$643 million implied guidance range.“We achieved modest Y/Y revenue growth in Q4 for the first time since Q2 FY22”, the company said.The subscription seg ...

文章核心观点 - 公司正在努力扭亏为盈,第四财季实现了微弱的销售增长,这是9个季度以来的首次 [2][3] - 公司将重点转移到盈利能力上,大幅削减营销和销售支出,同时显著提高自由现金流和经调整EBITDA [4][12][13] - 公司的业绩超出了分析师的预期,但对未来一年的前景给出了较为谨慎的指引 [4][14][16] 公司表现总结 - 第四财季亏损大幅收窄,从上年同期的2.418亿美元下降至3050万美元 [6] - 销售额增长0.2%至6.436亿美元,这是自2021年假期季度以来首次实现同比销售增长 [7] - 连续两个季度实现经调整EBITDA和自由现金流正值,这是自疫情高峰期以来首次 [9][10] 未来展望 - 将投资于硬件和软件以提升用户体验,但预计这些新举措在本财年内不会带来订阅量增长 [11] - 大幅削减营销和销售支出,这一支出长期拖累了公司的资产负债表 [12][13] - 当前季度和全年的销售指引低于分析师预期,但经调整EBITDA指引高于预期 [14][16]

NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) has announced its financial results for fourth quarter and full year fiscal 2024. Please visit the Peloton investor relations website to view the shareholder letter. Today the company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. ET. Call Details:Event: Peloton Fourth Quarter and Full Year Fiscal 2024 Earnings Conference CallDate: Thursday, August 22, 2024Time: 8:30 a.m. ET Live Call ...

财务表现 - 公司Q4财年总收入为6.436亿美元，同比持平[3] - 订阅收入为4.314亿美元，同比增长2%[3] - 订阅收入毛利率为68.2%，同比提升100个基点[23] - 调整后EBITDA为7,030万美元，同比增长302%[25] - 自由现金流为2,600万美元，同比增长135%[26] 资产负债表优化 - 公司成功完成了资产负债表再融资，减少了约2亿美元的债务[7] 业务发展 - 二手市场销售带来的付费连网健身订阅用户增长16%[9] - 公司推出了Bike+租赁计划，并将停止原有Bike租赁项目[8] 管理层变动 - 公司正在寻找新任CEO[15] 战略合作 - 公司与谷歌Fitbit达成内容授权协议，将Peloton课程引入Fitbit应用[18] 未来展望 - 公司预计Q1 FY25付费连接健身订阅人数将同比下降3%，至288万-289万[39] - 公司预计Q1 FY25付费应用订阅人数将同比下降26%，至56万-57万[40] - 公司预计Q1 FY25总收入将同比下降4%至5.6亿-5.8亿美元[41] - 公司预计Q1 FY25总毛利率将同比提升208个基点至50%[41] - 公司预计Q1 FY25调整后EBITDA将同比大幅改善503%至5000万-6000万美元[41] - 公司预计FY25全年付费连接健身订阅人数将同比下降9%[48] - 公司预计FY25全年付费应用订阅人数将同比下降3%[49] - 公司预计FY25全年总收入将同比下降9%至24亿-25亿美元[50] - 公司预计FY25全年总毛利率将同比提升432个基点至49%[50] - 公司预计FY25全年调整后EBITDA将同比大幅改善6266%至2亿-2.5亿美元[50] - 公司2024财年总收入预计为27亿美元，其中连接健身产品收入为9.92亿美元，订阅收入为17.09亿美元[60] - 2024财年总成本预计为14.94亿美元，其中连接健身产品成本为9.43亿美元，订阅成本为5.51亿美元[60] - 2024财年毛利润预计为12.07亿美元[60] - 2024财年销售和营销费用预计为6.59亿美元，管理费用为6.51亿美元，研发费用为3.05亿美元[60] - 2024财年净亏损预计为5.52亿美元，每股亏损为1.51美元[60] - 2024财年经营活动现金流出预计为6610万美元[61] - 2024财年投资活动现金流入预计为2680万美元[61] - 2024财年融资活动现金流出预计为9440万美元[61] 非GAAP财务指标 - 公司使用Adjusted EBITDA等非GAAP财务指标来评估经营业绩和盈利能力[63][64][66][67] - 公司无法提供Adjusted EBITDA和自由现金流的GAAP调节,因为涉及的调整项目难以预测和量化[65] - 公司使用经调整EBITDA作为分析工具存在局限性，不应单独考虑或将其作为GAAP财务业绩分析的替代[68] - 经调整EBITDA不反映资本支出、股票激励费用、利息费用、税收等因素的影响[68] - 经调整EBITDA不反映非经常性的重组费用、诉讼费用、并购交易费用等[68,69] - 公司订阅收入贡献和订阅收入贡献率用于衡量订阅业务的规模效应和盈利能力[73,74] - 订阅收入贡献和订阅收入贡献率不包括折旧摊销和股票激励费用[75] - 自由现金流反映公司的额外流动性，但不包括购买有价证券、并购等方面的支出[79,80] - 公司预计订阅业务规模效应将提升订阅收入贡献率[78] - 公司2024年第三季度订阅收入为4.32亿美元，订阅收入贡献率为72.3%[77] - 公司2024年第三季度自由现金流为860万美元[81] - 公司2024年第三季度营业亏损为1.59亿美元[71]

文章核心观点 - 佩洛顿公司(Peloton)曾在疫情期间成为家喻户晓的品牌,但其业绩和股价已大幅下滑 [1][2] - 佩洛顿公司试图通过转向订阅服务模式来扭转局面,但这一策略并未如预期取得成功 [7][8] - 公司最近还进行了债务重组,但这将增加公司的利息成本,不利于实现盈利 [9][10] - 在缺乏明确的新业务模式和领导层不稳定的情况下,公司的短期前景并不乐观 [11][12][13] 公司概况 - 佩洛顿公司是一家提供连网健身设备和订阅服务的公司 [2][7] - 公司曾在疫情期间受到广泛关注,股价大涨,但随后业绩和股价大幅下滑 [1][2][6] - 公司试图通过转向订阅服务模式来扭转局面,但这一策略并未如预期取得成功 [7][8] 业务模式转型 - 公司试图将业务模式从生产健身设备转向订阅服务 [7] - 订阅服务的毛利率较高,是公司的一个合理策略 [7] - 但实际执行效果并不理想,订阅用户数下降21% [8] - 公司CEO在这一策略未能奏效的情况下离职 [8][11] 财务状况 - 公司进行了债务重组,偿还了8亿美元的无息可转换债券,改为5.5%利率的可转换债券 [9] - 这将增加公司的利息成本,不利于实现盈利 [10] - 公司短期内的财务业绩可能会继续恶化 [12][13]

Peloton Interactive, Inc. (PTON) is scheduled to report fourth-quarter fiscal 2024 results on Aug 22, before the opening bell. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 15.4%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for the fourth quarter is pegged at a loss of 18 cents per share. It reported a loss of 68 cents per share in the year-ago quarter.For revenues, the consensus mark is pegged at $626.3 million, indicating a decline of 2.5% from t ...