27 days ago • Posted by William Ramstein
Peloton investing $400M to build manufacturing facility in Ohio
In the quarter ended March 31 Peloton saw revenues surge 141% to $1.26B from half a billion last year. Like we've notice before, Peloton is not short on cash. Sales this quarter should be equivalent to $915M despite share price falling yesterday slightly, and despite a 35% drop YTD.