Peloton Interactive (NASDAQ: PTON) reported third-quarter 2021 financial results after the regular market hours on Thursday. The maker of exercise equipment reported Q3 revenue of $1.26 billion, up 141% year-over-year and above the Wall Street projection. Meanwhile, net loss of $0.03 per share was 9 cents narrower than what analysts had anticipated.
PTON shares fell 6% immediately following the announcement, as the company did not provide an outlook in the earnings release. The stock has declined 43% since the beginning of this year.
Prior performance
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to