The fitness equipment maker posted a cash burn of $94.4 million, compared with a burn of $546.7 million a year earlier.
(Reporting by Priyamvada C and Kannaki Deka in Bengaluru; Editing by Maju Samuel)
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5-day change | 1st Jan Change | ||
3.045 USD | -0.49% | -13.24% | -49.43% |
Apr. 04 | Peloton, Bath & Body Works, Saks, Express Struggle With Delayed Vendor Payments | MT |
Mar. 11 | Peloton Interactive Insider Sold Shares Worth $463,540, According to a Recent SEC Filing | MT |
(Reuters) - Peloton Interactive Inc on Wednesday reported slower cash burn for the second quarter, after the company carried out a host of cost-cutting measures, including layoffs and store shutdowns.
The fitness equipment maker posted a cash burn of $94.4 million, compared with a burn of $546.7 million a year earlier.
(Reporting by Priyamvada C and Kannaki Deka in Bengaluru; Editing by Maju Samuel)
1st Jan change | Capi. | |
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-49.43% | 1.12B | |
+4.27% | 5.09B | |
-2.06% | 3.9B | |
+0.74% | 3.89B | |
+9.07% | 2.84B | |
-6.34% | 1.81B | |
+83.72% | 1.22B | |
-10.47% | 842M | |
+2.79% | 803M | |
+8.44% | 717M |