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Peloton's huge loss highlights how hard it'll be to turn things around
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Peloton's huge loss highlights how hard it'll be to turn things around
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11th May 2022, 07:22
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,678
 |  Peloton's huge loss highlights how hard it'll be to turn things around Peloton has posted a heavy quarterly loss for the first quarter, indicating that it has a lot of work to do in order to correct course. The company made a net loss of $757.1 million in the first three months of the year (Q3 of Peloton's 2022 fiscal year). Not only was that a worse result than expected, it's a massive decrease from the $8.6 million loss it posted for the same period in 2021. https://www.engadget.com/peloton-ear...1.html?src=rss |
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