CNBC
US · 1 hrs ago
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Peloton beats estimates on revenue as higher subscription prices offer a boost
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Peloton reported better-than-expected revenue results, with CEO Peter Stern attributing the performance to price increases on its subscription offerings. The company characterizes the price hikes as a value-driven business decision.
Peloton beats estimates on revenue as higher subscription prices offer a boost
Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.
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