“Peloton shares drop 27% after posting wider-than-expected loss, falling sales due to Bike recall, seasonality”
August 23, 2023
“…Here’s how the fitness company did in its fourth fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:
- Loss per share: 68 cents vs. 38 cents expected
- Revenue: $642.1 million vs. $639.9 million expected
The company reported a net loss of $241.8 million, or 68 cents per share, for the three-month period that ended June 30, compared with a loss of $1.26 billion, or $3.72 a share, a year earlier…”
https://www.cnbc.com/2023/08/23/peloton-pton-earnings-q4-2023.html