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Peloton Earnings: What You Need to Know

TheMotleyFool

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Peloton Interactive (NASDAQ: PTON) continues to grow rapidly, albeit at a much slower pace than in recent quarters. After market close on Thursday, the connected-fitness company posted fiscal fourth-quarter results.

Revenue during the period came in ahead of estimates, but the company swung from a profit in the year-ago period to a significant loss, sending shares of the growth stock lower in after-hours trading. The company rolled out a 20% price cut to its original Peloton Bike, which was also concerning.

Here's a closer look at these must-see items from the quarter, along with some other key insights.

Source Fool.com

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