NEW YORK (AP) — NEW YORK (AP) — Peloton Interactive Inc. (PTON) on Thursday reported fiscal third-quarter earnings of $26.4 million.
The New York-based company said it had profit of 5 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The exercise bike and treadmill company posted revenue of $630.9 million in the period, beating Street forecasts. Seven analysts surveyed by Zacks expected $614.9 million.
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