Peloton Interactive (NASDAQ: PTON) reported first-quarter 2022 financial results after the regular market hours on Thursday. The Exercise equipment company reported Q1 revenue of $805.2 million, up 6% year-over-year, but lower than the Wall Street projection. Net loss of $1.25 per share was also wider than the target that analysts had anticipated.
PTON shares plunged 4% immediately following the announcement. The stock has fallen 40% since the beginning of this year.
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,
Advanced Micro Devices, Inc. (NASDAQ: AMD) this week issued a cautious outlook for the first quarter of 2023, after reporting stronger-than-expected fourth-quarter results. The chipmaker did not provide full-year guidance,
Meta Platforms, Inc. (NASDAQ: META) reported fourth quarter 2022 earnings results today. Revenue declined 4% year-over-year to $32.17 billion. Net income fell 55% to $4.6 billion while EPS dropped 52%