By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Dubai News Club
  • Business
  • Finance
  • Lifestyle
  • Tech
  • Middle East
  • Press Releases
Reading: Peloton CEO thinks losing $1.2 billion is a sign of “substantial progress”
Share
  • English
    • العربية (Arabic)
Submit News
Notification
Dubai News ClubDubai News Club
0
Font ResizerAa
  • Business
  • Finance
  • Lifestyle
  • Tech
  • Middle East
  • Africa
  • Press Release
Search
  • Home
  • Business
  • Finance
  • Tech
  • Lifestyle
  • Press Release
  • Africa
  • Middle East
  • English
    • العربية
  • Privacy Policy
  • Terms and Conditions
  • Contact
  • Submit Press Release
© 2022 دبي نيوز كلوب. جميع الحقوق محفوظة.
Dubai News Club > Tech > Peloton CEO thinks losing $1.2 billion is a sign of “substantial progress”
Tech

Peloton CEO thinks losing $1.2 billion is a sign of “substantial progress”

Press Room
Last updated: 2022/08/25
Press Room
Published: August 25, 2022
Share
1 Min Read
SHARE

Peloton’s numbers don’t look great. In its Q4 2022 earnings release this morning, the company reported a $1.2 billion operating loss, a 28 percent revenue drop, a membership decline, and a monthly subscriber churn exceeding 1 percent for the first time in a long while. (Perhaps ever?) And that’s just the tip of the iceberg. In a nutshell, losses were greater than both Peloton and investors had anticipated.

And yet, Peloton CEO Barry McCarthy would have you believe the numbers…

Source

The NFL will make one playoff game a streaming exclusive on Peacock next year
GM is preparing for another major expansion of its hands-free Super Cruise system
Telegram’s revamped media editor adds a blur tool and more text options
Now Google’s Gemini AI is ready to fill in those empty cells in your spreadsheet
Instagram isn’t just for square photos anymore

اشترك في النشرة اليومية

كن على إطلاع! احصل على آخر الأخبار العاجلة مباشرة إلى صندوق الوارد الخاص بك.

    من خلال الاشتراك ، فإنك توافق على شروط الاستخدام وتقر بممارسات البيانات الواردة في سياسة الخصوصية . يمكنك إلغاء الاشتراك في أي وقت.
    Share This Article
    Facebook Email Print
    What do you think?
    Love0
    Sad0
    Happy0
    Sleepy0
    Angry0
    Dead0
    Wink0
    Previous Article She threw herself from the ninth floor of the hospital. A Jordanian doctor committed suicide, mourning the death of her mother
    Next Article Ford hikes the price for the 2023 Mustang Mach-E by as much as $8,000
    Ad imageAd image

    Latest News

    It may cause a tsunami…a 7.6 magnitude earthquake strikes off the coast of the Philippines
    Lifestyle
    October 10, 2025
    Tramadol is not as effective as believed in relieving pain
    Lifestyle
    October 10, 2025
    Stars in the media
    Lifestyle
    October 10, 2025
    Establishing a specialized port for chemicals in Ruwais
    Finance
    October 10, 2025
    Dubai News ClubDubai News Club
    Follow US
    © 2024 Dubai News Club. all rights are reserved
    • Privacy Policy
    • Terms and Conditions
    • Contact
    • Submit Press Release
    join us!
    Subscribe to our newsletter and never miss the latest news, podcasts, etc.

      Don't worry, we will not send you any spam, you can cancel at any time.
      Welcome Back!

      Sign in to your account

      Username or Email Address
      Password

      Lost your password?