Peloton Interactive, Inc. (NASDAQ:PTON) Q1 2025 Earnings Conference Call October 31, 2024 8:30 AM ET
Company Participants
James Marsh - SVP, IR
Karen Boone - Interim Co-CEO
Chris Bruzzo - Interim Co-CEO
Liz Coddington - CFO
Conference Call Participants
Simeon Siegel - BMO Capital Markets
Brian Nagel - Oppenheimer.
Nathan Feather - Morgan Stanley
Shweta Khajuria - Wolfe Research
Andrew Boone - JMP Securities
Bryan Smilek - JPMorgan
Eric Sheridan - Goldman Sachs
Operator
Good day, and welcome to Peloton's First Quarter Fiscal 2025 Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ 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 of Investor Relation. Please go ahead.
James Marsh
Thank you, operator. Good morning, and welcome to Peloton's first quarter fiscal 2025 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 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 interim Co-CEO, Karen Boone.
Karen Boone
Good morning, and thank you for joining us today. Before we dive into today's financial results, I want to share the exciting news regarding our CEO search. As you probably saw in our separate release this morning, on behalf of the entire Board, I'm thrilled to announce that after a comprehensive search, we have identified the next leader for Peloton.
Peter Stern will assume the role of CEO and President on January 1, 2025. Peter is a seasoned leader and strategist with over 20 years of experience operating at the intersection of hardware, software, services and content at Ford, Apple and Time Warner Cable. He has a strong track record of innovation, operational excellence and creating significant shareholder value.