Peloton Q4 Connected Fitness Churn Jumps To 2.2% From 1.2% In Q3; Guides Q1 Ending Subscriptions To 2.455M-2.475M, Down 9.8% YoY
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Why It Matters
More Peloton members are canceling their subscriptions than before, and the company expects even fewer members by next quarter. When more people leave a business, it's a sign that customers might be less happy or interested.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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