Peloton (PTON) reports Q2 2021 earnings, sales beat


Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019.

Jeenah Moon | Bloomberg | Getty Images

Peloton on Thursday reported quarterly sales growth of 128%, marking its first billion-dollar quarter, as the momentum keeps climbing for the at-home fitness equipment maker.

The company also increased its full-year revenue outlook. But it warned it still faces hurdles in the near term in getting items to its customers quickly, amid the demand surge.

Peloton shares fell more than 6% in extended trading Thursday. The stock had closed up 7%, at $157.53.

Here’s how Peloton did during its fiscal second…

Source cnbc.com

Denmark wants to build a renewable energy island in the North Sea

Previous article

Long-term unemployment is rising toward a Great Recession record

Next article

You may also like

Leave a Reply

Notify of

More in Earnings