Peloton Shares Jumped 6% in Morning Trading

Tiger Newspress2022-02-08

Peloton Shares Jumped 6% in Morning Trading. Peloton Reported Q2 Total Revenue of $1,133.9 Million and Net Loss of $439.4 Million.

• Q2 total revenue grew 6% to $1,133.9 million;

• Q2 Connected Fitness Subscription Workouts grew 26% to 123.2 million, averaging 15.5 Monthly Workouts per Connected Fitness Subscription, versus 21.1 in the yearago period ;

• Q2 Average Net Monthly Connected Fitness Churn was 0.79%; Q2 12-month retention rate was 92% ;

• Q2 Gross Margin was 24.7%; Connected Fitness Product Gross Margin was 6.4%, Subscription Gross Margin was 67.9%, and Subscription Contribution Margin was 71.4% ;

• Q2 Net Loss was $(439.4) million, $(1.39) per diluted share; Q2 Adjusted EBITDA was $(266.5) million, representing an Adjusted EBITDA Margin of (23.5)%.

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Comments

  • spinner
    2022-02-09
    spinner
    Like
  • Lulup
    2022-02-09
    Lulup
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    2022-02-09
    V K
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  • Success88
    2022-02-09
    Success88
    Okie 
  • JQ62
    2022-02-09
    JQ62
    Like please
  • ethanlam
    2022-02-09
    ethanlam
    Ok
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