Peloton Interactive, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported revenue was USD 717.7 million compared to USD 748.9 million a year ago. Net loss was USD 167.3 million compared to USD 275.9 million a year ago. Basic loss per share from continuing operations was USD 0.45 compared to USD 0.79 a year ago. Diluted loss per share from continuing operations was USD 0.45 compared to USD 0.79 a year ago.
For the nine months, revenue was USD 2,056.9 million compared to USD 2,158.1 million a year ago. Net loss was USD 521.4 million compared to USD 1,019.9 million a year ago. Basic loss per share from continuing operations was USD 1.44 compared to USD 2.97 a year ago. Diluted loss per share from continuing operations was USD 1.44 compared to USD 2.97 a year ago.