Market Updates
Peloton Reports $1.2 Billion Quarterly Loss, Subscription Revenues Rise 36%
Scott Peters
25 Aug, 2022
New York City
Peloton Interactive plunged 20.2% to $10.76 after the fitness equipment maker reported a larger-than-expected quarterly loss and said business is likely to remain challenging in 2023.
Total revenues declined 28% to $678.7 million after fitness equipment sales plunged 55% to $297 million and subscription revenues rose 36% to $383 million.
Net loss in the quarter soared four-fold to $1.24 billion and free cash outflow improved to $412 million from $678 million a year ago.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|