Peloton shares fall as earnings miss outweighs revenue beat

1 week ago 20

Sam Boughedda

Thu, May 8, 2025, 4:51 AM 1 min read

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Peloton Interactive Inc (NASDAQ:PTON). shares dropped 5.4% premarket connected Thursday aft the connected fittingness institution reported mixed fiscal third-quarter results.

Peloton posted a nonaccomplishment of $0.12 per stock for the 4th ended March 31, wider than analysts’ expectations for a $0.07 per stock loss. However, gross came successful somewhat up of estimates astatine $624 million, compared to the $623.03 cardinal consensus.

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The company’s full gross declined 13% YoY to $624 million, with Connected Fitness Products gross falling 27% to $205.5 cardinal and Subscription gross dipping 4% to $418.5 million.

Peloton ended the 4th with 2.88 cardinal paid Connected Fitness subscriptions, down 6% YoY but exceeding the precocious extremity of its guidance scope by 10,000 subscriptions.

"We delivered astatine the precocious extremity of oregon exceeded guidance connected our cardinal fiscal metrics portion besides continuing to execute connected our FY25 operating goals," said CEO Peter Stern (AS:PBHP) successful a missive to shareholders.

For the afloat fiscal twelvemonth 2025, Peloton raised its Adjusted EBITDA guidance to $330-$350 cardinal and expects escaped currency travel to beryllium astir $250 million. The institution besides narrowed its full-year gross outlook to $2.455-$2.47 cardinal from $2.43-2.48 billion.

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