Here’s how much Peloton lost in free cash flow over last 4 quarters
Yahoo Finance Live’s Brian Sozzi breaks down the stat of the day, which looks at Peloton's cash flow.
BRIAN SOZZI: All right, here's our Stat of The Day here, folks. Peloton shares surged 20% on its earnings day on Wednesday, despite another quarter of large losses in free cash outflow. It's worth it for the bulls to keep this in mind on Peloton. Over the last quarters, Peloton has lost a shocking $639 million on an adjusted operating basis. The operating losses reflect the company's still bloated cost structure and pricing pressure on its various products.