Image source: The Motley Fool. : Good day, and thank you for standing by. Welcome to the Peloton Interactive 1Q '24earnings conference call [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. Good morning, and welcome to Peloton's first-quarter fiscal 2024 conference call. Joining today's call are CEO, Barry McCarthy; CFO, Liz Coddington; and chief marketing officer, Leslie Berland.