Reports Q1 revenue $551M, consensus $541.08M. “In this quarter leading up to the launch of our new equipment lineup and Peloton (PTON) IQ, our team once again demonstrated the power of disciplined execution and focus,” said Peloton CEO Peter Stern. “Our continued momentum on bottom line performance sets the stage for improvements on the top line as we progress through the fiscal year, fueled by our commitment to innovation and growing the Peloton community. I am confident in our team’s ability to execute our strategic plan, return Peloton to profitable growth, and extend Peloton’s lead in connected fitness and wellness.”
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