The New York-based fitness technology company generated revenue of $607 million in the quarter ending in June. Though that declined 6%, it still beat estimates. Total subscriptions on Peloton hardware fell 6%, while the number of app-based subscriptions dropped 11%. Still, overall gross profit improved and operating expenses shrank by 20%.
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Source:www.bloomberg.com
Original Image Link
Source:www.bloomberg.com
Posted: 2025-08-07 04:00:00