Peloton revenue surges as pandemic boosts demand for fitness equipment

Peloton beat analysts’ estimates for quarterly revenue on Thursday as the exercise bike maker benefited from a 172 percent surge in total revenue, with boosts in subscribers and demand for its fitness products during the coronavirus pandemic. Shares of the company rose 8 percent in extended trading as it forecast full-year revenue above Wall Street...

from New York Post https://ift.tt/3k5qs8P