Peloton Inventory Climbs. Subscriptions Income Once more Outpaces {Hardware} Gross sales.

Peloton Interactive

inventory was surging after the at-home health firm reported that second-quarter subscription income outpaced {hardware} gross sales, boosting margins.

Peloton (ticker: PTON) posted a fiscal second-quarter lack of 98 cents a share on income of $792 million, in contrast with a year-earlier lack of $1.39 a share on gross sales of $1.13 billon. Analysts surveyed by FactSet have been anticipating a lack of 66 cents a share on income of $710 million.