May. 15 at 3:44 PM
$PTON Last call with IR concluded as follows:
1. Churn will continue for this and the next fiscal.
2. Growth (yes, GROWTH) is expected to come back on fiscal 2028.
3. Commercial equipment is getting traction.
4.
$SPOT deal consist in payments flowing from
$SPOT towards
$PTON and this represents "tons of millions" at no marginal cost.
5. CFO announcement soon. First task debt refinancing.