Market watchers were anticipating a rough quarter for Peloton, but not quite this bad. The beleaguered connected fitness company missed revenue estimates by $6 million, reporting $964.3 million – that’s down from $1.26 billion from this time last year. Losses for the quarter hit $757.1 million. All eyes are on new CEO, Barry McCarthy, who […]...
-
Peloton’s earnings are even worse than expected
techcrunch.com