Peloton Q3 earnings show huge revenue and membership spikes

Peloton bested Wall Street’s high expectations, delivering a huge quarterly earnings report Wednesday that showed revenues climbing 66%. In after-hours trading, the connected fitness company’s stock bounced around rising and dipping below the stock’s previous all-time high. The company posted total revenues of $524.6 million for the quarter, besting estimates of $488.5 million. The company … Continue reading Peloton Q3 earnings show huge revenue and membership spikes