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Sales rose to $643.6 million, up about 0.2% from $642.1 million a year earlier. That's only a $1.5 million increase, but Peloton did it at a time when sales are typically a bit slower for the ...
You may want to avoid buying a Generation 1 bike, Pierson says, as Peloton no longer offers software updates for this touchscreen, which can cause issues. “Newer generations also provide ...
Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 20%.
Peloton investors are digesting the company’s massive quarterly loss, which executives Thursday said totaled more than $1.2 billion.. It’s the latest sign that the maker of fitness equipment ...
Peloton, the exercise bike company that saw huge success in the early days of the pandemic only to flounder as sales slowed, reported a $1.2 billion quarterly loss on Thursday as it struggled to ...
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