💨 Abstract

Peloton Interactive, Inc. reported a fiscal fourth-quarter net income of $21.6 million, surpassing Wall Street expectations. The company earned 5 cents per share, with revenue hitting $606.9 million, above projections. Peloton anticipates revenue between $525 million and $545 million for the current quarter. For the full year, they expect $2.4 billion to $2.5 billion.

Courtesy: WTOP Staff