American exercise equipment and media company Peloton Interactive, Inc. (PTON) delivered mixed fourth-quarter results, with revenue beating estimates backed by triple-digit growth in both Connected Fitness and Digital Subscriptions. Shares sank 6.3% in the after-hours trading session on August 26. Fourth-quarter revenue climbed 54% year-over-year to $936.9 million and outpaced the Street’s estimate of $921.66 million. (See Peloton Interactive stock charts on TipRanks) However, the company reported a quarterly loss of $1.05 per share, much wider than analysts’ estimated loss of $0.44 per share. The company posted earnings of $0.27 per share in the prior-year period. For Fiscal 2021, Peloton posted revenue of $4.02 billion, up 119.
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Peloton Interactive (NASDAQ:PTON)
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Peloton Interactive (NASDAQ:PTON)
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