Tuesday, May 10, 2022

Peloton Shares Plunge 29% On Sharply Wider Q3 Loss, Weak Q4 Revenue Outlook

Peloton Interactive, Inc. (PTON) reported Tuesday a third-quarter net loss attributable to common stockholders of $757.1 million or $2.27 per share, sharply wider than $8.6 million or $0.03 per share in the prior-year quarter.

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