International Companies

Peloton shares bounce after first quarterly growth in two years

By Benjamin Chiou

Date: Thursday 22 Aug 2024

(Sharecast News) - Shares in Peloton Interactive raced ahead on Thursday after the struggling connected exercise equipment maker reported its first quarter of rising sales in more than two years.
Total revenues in the fiscal fourth quarter ended 30 June were $644m, comprising $212m from hardware sales and $431m from subscription...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page