Peloton sees revenue fall but beat estimates for holiday quarter

Peloton Interactive Inc. came up shy Thursday with its revenue forecast for the current quarter, but the maker of connected fitness equipment beat the consensus view in the holiday period. Shares of Peloton PTON, -4.30% were moving about 3% higher in premarket action initially following the latest report. The company notched a fiscal second-quarter net loss of $194.9 million, or 54 cents a share, whereas it posted a loss of $335.4 million, or 98 cents a share, in the year-prior period. Analysts were modelin ...