3-Must See Quotes From Peloton's Earnings Call
Following its fiscal fourth-quarter earnings report late last month, Peloton Interactive (NASDAQ: PTON) shares have been slammed. Shares of the connected fitness company are down more than 12% since it reported earnings. Investors are wondering if price cuts, higher churn, and slower growth are red flags for the growth stock or rather developments with straightforward and reasonable explanations.
While management is obviously biased, it's still useful to check on what they are saying in case investors are missing key elements to the company's growth story. Here are three must-see excerpts from the company's fiscal fourth-quarter earnings call to help investors better understand the company's current situation.
Image source: Peloton Interactive.https://press.onepeloton.com/#tread
Source Fool.com