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The fitness equipment maker runs on Wall Street following the quarterly. The stock rose 19% to $15.48 a share after reporting fiscal second-quarter revenue of $792.7 million, topping Refinitiv’s forecast of $710 million.
Peloton said the company’s net loss narrowed to $335 million in the fourth quarter from $439 million last year.
The company also expects to finish the first quarter of the year with 3 million subscribers.