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May 6, 2020 08:25 pm GMT

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 […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pjLkXbyFDdM/

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