Overview
- Peloton reported revenue of $630.9 million, beating forecasts on stronger equipment demand.
- Net income reached $26.4 million at 6 cents per share, a turnaround from last year despite a one-cent EPS miss.
- Management raised full-year sales guidance to $2.42–$2.44 billion and increased its free-cash-flow goal to about $350 million.
- Operating strength showed up in cash metrics, with adjusted EBITDA at $126 million and free cash flow at $151 million as net debt fell to $173 million.
- Paid connected-fitness subscriptions slipped to about 2.66 million, and shares rose roughly 4% as Peloton pushed price hikes, a Spotify deal, and new commercial gym products.