Peloton Q3 earnings show huge revenue and membership spikes
May 6, 2020
Peloton bested Wall Street’s high expectations, delivering a huge quarterly earnings report Wednesday that showed revenues climbing 66%. The company posted total revenues of $524.6 million for the quarter, besting estimates of $488.5 million. Total members grew from 2.0 million in Q2 to 2.6 million in Q3, a 30% quarter-over-quarter increase. Read more on Yahoo News.