Peloton Interactive shares jumped Thursday after the exercise equipment maker's second-quarter revenue and adjusted earnings forecast topped analyst estimates.

Peloton (PTON) said on Thursday that it generated $673.9 million in revenue for the second quarter of fiscal 2025, down 9% from the same time a year ago but above the $655.17 million analyst consensus compiled by Visible Alpha. Peloton lost $92 million in the quarter, larger than the $68.2 million loss analysts had expected.

After accounting for a number of one-time costs, Peloton reported an adjusted EBITDA of $58.4 million, just over double ﷽the $27.8 million analysts had e🎐xpected.

Q3, Full Year Adjusted EBITDA Forecasts Top E♔stimates

The stationary bike and treadmill maker's forecast for the current quarter and the rest of the fiscal year also topped estimates. Peloton said it expects adjusted EBITDA of $70 million to $85 million for the third quarter, and $300 million to $350 million for the full year, up $60 million at each end from its previous range. Each topped the $50 million and $275.14 million consensus estimate.

The quarter is Peloton's first since 澳洲幸运5官方开奖结果体彩网:announcing new CEO Peter Stern in 澳洲幸运5官方开奖结果体彩网:its October report, though the quarter ended a day before Stern officially took over at 💞the start of🐷 2025.

"We see significant opportunities ahead, but we have a steep hill to climb to reach sustained, profitable growth," the company said in its quarterly letter to shareholders.

Peloton shares were up over 14ꩵ% Thursday, to nearly double their price 12 months ago.