Peloton Nets Another Bump in Revenues, Subscribers
November 5, 2020
Peloton’s drive for two million subscribers by next fall for its connected bikes and treadmills is ahead of schedule, reporting a gain of another 240,0000 users after markets closed on Nov. 5. Peloton reported revenues of $757.9 million for its first fiscal quarter, a 20% increase over last quarter and 232% more than the same period a year ago. Read more on Front Office Sports.