Peloton Interactive, Inc. (NASDAQ:PTON) Q4 2024 Earnings Conference Call August 22, 2024 8:30 AM ET

Corporate Participants

James Marsh - Senior Vice President and Head of Investor Relations
Karen Boone - Interim Co-Chief Executive Officer
Chris Bruzzo - Interim Co-Chief Executive Officer
Liz Coddington - Chief Financial Officer

Conference Call Participants

Bryan Smilek - JPMorgan
Eric Sheridan - Goldman Sachs
Nathan Feather - Morgan Stanley
Ron Josey - Citi
Arpine Kocharyan - UBS
Lee Horowitz - Deutsche Bank
Shweta Khajuria - Wolfe Research

Operator

Good day and welcome to Peloton's Fourth Quarter Fiscal Year 2024 Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker, Mr. James Marsh, Senior Vice President, Head of Investor Relations. Please go ahead, sir.

James Marsh

Thank you, operator. Good morning and welcome to Peloton's fourth quarter fiscal 2024 conference call. Joining today's call are Peloton board members and interim co-CEOs, Karen Boone and Chris Bruzzo, as well as Chief Financial Officer, 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 law. 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 actual 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 over the call to interim co-CEO, Karen Boone.

Karen Boone

Good morning and thank you for joining us today. Before we discuss our Q4 results, I'd like to comment briefly on the CEO transition process, as it is certainly top of mind for us, and we expect the same is true for our shareholders. The CEO search is well underway.

We've had no shortage of interest, and we have been working through an impressive group of qualified candidates with the help of a leading executive search firm. Our list of candidates is narrowing. However, at this stage, we cannot speculate on the timing for when Peloton's next CEO will start.