Peloton reports Q2 EPS (98c), consensus (64c)

Reports Q2 revenue $792.7M, consensus $710.45M. "To our Members I would like to say that notwithstanding our progress this year, we know we still have issues to fix, particularly in last mile delivery and Member Support, and I commit to you we are working hard to fix both", said CEO Barry McCarthy. "Of course this has been a challenging year. The restructuring of our business touched the lives of many associates and friends, current and former team members, and investors alike, and not in a good way. We understand how fortunate we are to have come this far, this fast. And I know I speak for all of our employee team members when I say we’re committed to becoming the best version of ourselves so we can continue to empower our Members to become the best version of themselves."