Peloton reports $92M loss in fiscal Q2, revenue beats expectations

Peloton Interactive (NASDAQ:PTON) reported a net loss of $92 million for its fiscal second quarter, equivalent to a loss of 24 cents per share.

This missed the average analyst estimate of a 19-cent per-share loss, according to a Zacks Investment Research survey of eight analysts.

Despite the loss, the exercise equipment company's revenue surpassed expectations.

Peloton posted revenue of $673.9 million for the quarter, exceeding the $655.2 million forecast from seven analysts surveyed by Zacks.

Looking ahead, Peloton anticipates revenue between $605 million and $625 million for the current quarter ending in March.

The company also provided a full-year revenue outlook, projecting between $2.43 billion and $2.48 billion