Peloton Interactive, Inc. reported total fiscal first-quarter revenue fell 23 percent to $616.5 million for the period that ended September 30. Revenues were comprised of $204.2 million of Connected Fitness segment revenue, reflecting a 59 percent year-over-year decrease, and $412.3 million of Subscription revenue, a 36 percent year-over-year increase.
For more details about Peloton’s fiscal first quarter and 2023 outlook, check out the SGB Executive story here.
Photo courtesy Peloton
