Earnings

Peloton (PTON) reports Q2 2021 earnings, sales beat

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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

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