Peloton Interactive, Inc.

Good day and welcome to Peloton's third 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. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, press star 1 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, James Marsh, Head of Investor Relations. Please go ahead.

Thank you, Operator. Good morning and welcome to Peloton's third quarter fiscal year 2024 conference call. Joining today's call are Peloton board members Karen Boone and Chris Bruzzo, who will be stepping in as interim co-CEOs 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 laws. Actual results may differ materially from those contained in and implied by these forward-looking statements due to risks and uncertainties associated with our business.

For discussion of the material risks,