Peloton tops revenue estimates in fiscal Q2

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Peloton Interactive Inc (NASDAQ: PTON) is trading down on Thursday even though it reported better than expected revenue for its fiscal second quarter.Investors are concerned also because the guidance wasn’t all too encouraging either. Peloton now forecasts its revenue to fall between $700 million and $725 million in the current quarter. Analysts, in comparison, were at $749 million. Barry McCarthy – its chief executive said in a pres ...