Why Nostr? What is Njump?
2025-05-09 01:50:23
in reply to

feeds.feedburner.com_2 on Nostr: feeds.feedburner.com_2 ✍️ Peloton's shares dropped 4% after reporting a 13% ...



✍️ Peloton's shares dropped 4% after reporting a 13% year-over-year drop in revenue for the fiscal third quarter, despite beating analyst estimates.
👉 Peloton's revenue fell 13% year-over-year to $624 million
👉 The company reported a 13% drop in profit, its third consecutive quarter of decline
👉 Peloton's hardware revenue fell 27% last quarter
👉 App subscription revenue dropped 4%
👉 The company expects tariffs to result in a $5 million free cash flow headwind during the fourth quarter

#PeterStern #LucasNolan #Taiwan #business


Peloton shares stumbled in early trading after the company reported a 13 percent year-over-year drop in revenue for the fiscal third quarter, marking the third straight quarter of declining sales. The post Out of Shape: Peloton Reports Third Consecutive Quarterly Sales Decline appeared first on Breitbart.
https://www.breitbart.com/tech/2025/05/08/out-of-shape-peloton-reports-third-consecutive-quarterly-sales-decline/

Author Public Key
npub173p2xu7yrm4g9egt5692pe4sjnjshclm8580wpzh87dcauz5rlpq4nhat4