NEW YORK (AP) _ Peloton Interactive Inc. (PTON) on Wednesday reported a loss of $335.4 million in its fiscal second quarter.
On a per-share basis, the New York-based company said it had a loss of 98 cents.
The results fell short of Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 67 cents per share.
The exercise bike and treadmill company posted revenue of $792.7 million in the period, exceeding Street forecasts. Ten analysts surveyed by Zacks expected $709.6 million.
For the current quarter ending in March, Peloton said it expects revenue in the range of $690 million to $715 million.
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