Peloton's Stock Soars Premarket After Earnings Top Estimates
Press Release: Peloton Appoints Peter Stern as CEO and President
US stocks are in turmoil | Peloton soars by more than 25%, Q1 performance exceeds expectations, appoints new ford motor executive as CEO.
American fitness equipment manufacturer Peloton (PTON.US) surged over 25%, reaching a high of $8.47, hitting a new high in nearly a year. On the news front, Peloton's revenue in Q1 of the fiscal year 2025 decreased by 2% to $0.586 billion, better than analysts' expectations of $0.573 billion; EBITDA was $0.1158 billion, exceeding analysts' expectations of $56.6 million.
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Express News | Peloton Exec: Macroeconomic Factors Like Impact of Inflation, Interest Rates, and Uncertainty Around Upcoming Presidential Election Could Be Playing Into Overall Connected Fitness Hardware Sales
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Peloton Appoints Ford Executive as CEO. The Stock Surges After Earnings. -- Barrons.com
Express News | Peloton CFO: In Q1 Reduced Media Spend by 57% Y-O-Y
Express News | Peloton CFO: Q1 Subscription Revenue Was up 3% Y-O-Y Due to Content Licensing Revenue From Lululemon and Google Fitbit
Express News | Peloton CFO: Q1 Connected Fitness Products Revenue Was Down 12% Y-O-Y Due to Lower Hardware Demand
Express News | Peloton CFO: We Are Realizing Some of These Savings Faster Than We Anticipated
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Peloton Interactive Shares Are Trading Higher After the Company Reported Better-than-expected Q1 Sales.
Peloton Raises Its Full-year Profit Guidance, but Expects the Holiday Quarter to Be Softer Than Expected
Peloton Interactive 1Q Average Net Monthly Paid Connected Fitness Subscription Churn 7.1% >PTON
Express News | Peloton: On Track to Achieve Cost Structure Goals Set for FY25
Peloton GAAP EPS of $0.00 Beats by $0.15, Revenue of $586M Beats by $14.3M
Peloton Interactive 1Q Rev $586M >PTON
Express News | Peloton Outlook Q2 Rev $640 Mln- $660 Mln ; IBES Estimate $671.4 Mln