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.
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