Peloton Interactive, Inc. (NASDAQ:PTON) Q2 2023 Earnings Conference Call February 1, 2023 8:30 AM ET

Company Participants

Peter Stabler - Head of IR

Barry McCarthy - CEO

Liz Coddington - CFO

Conference Call Participants

Doug Anmuth - JPMorgan

Justin Post - Bank of America Merrill Lynch

Eric Sheridan - Goldman Sachs

Shweta Khajuria - Evercore ISI

Ron Josey - Citi

Brian Nagel - Oppenheimer

Youssef Squali - Truist

Edward Yruma - Piper Sandler

Aneesha Sherman - Bernstein

Kaumil Gajrawala - Credit Suisse

Operator

Good day, and thank you for standing by. Welcome to the Peloton Interactive Second Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Peter Stabler, Head of Investor Relations. Please go ahead.

Peter Stabler

Good morning, and welcome to Peloton’s fiscal second quarter conference call. Joining today’s call are CEO, Barry McCarthy; and CFO, Liz Coddington.

Our comments and responses to your questions reflect management’s views as of today only and will include statements related to our business that are forward-looking statements under federal securities laws. Actual results may differ materially from those contained in or implied by these forward-looking statements due to risks and uncertainties associated with our business. For a discussion of the material risks and other important factors that could impact our results, please refer to our SEC filings and today’s shareholder letter, both of which can be found on our Investor Relations website.

During this call, we will discuss both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP financial measures is provided in today’s shareholder letter.

I’ll now turn the call over to the Barry.

Barry McCarthy

Want to do something a little bit out of the ordinary just to kick off today's call if you'll indulge me. A good friend of mine and Gail Tifford once best summarized what's special about Peloton.

I think when she described the brand as golden and the members community as platinum. And what makes that possible is incredible work done by our content team and by the instructors who give it life. And because of that, and in particular, I want to welcome back to the platform today one of our Instructors in London by the name of Leanne Hainsby, who after disclosing her recent battle with cancer, and her announcement that she's cancer free, is today, once again back on the platform, and started her class just coincidentally happens to coincide with the start of this earnings call.