64 place 17

388 Peloton’s Revenue Stabilizes

The Information
Martin Peers @ The Information 3 place · 08/22/2024 10:34 EDT

Peloton’s Revenue Stabilizes

Peloton’s long decline may have plateaued. The maker of exercise bikes and treadmills reported a 0.2% increase in revenue to $643.6 million for the July quarter, the first time since the December quarter of 2021 that the company has increased revenue. Since its peak in 2021, ...

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