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Peloton revenue surges as home workouts boom during lockdowns

May 6 (Reuters) - Peloton Interactive Inc said on Thursday its quarterly revenue more than doubled as people snapped up its exercise bikes and treadmills to work out indoors during the COVID-19 pandemic.

The interactive fitness equipment maker said total quarterly revenue rose 141% to $1.26 billion.

Net loss attributable to Class A and Class B shareholders narrowed to $8.6 million, or 3 cents per share, in the third quarter, compared with a loss of $55.6 million, or 20 cents per share, a year earlier. (Reporting by Sanjana Shivdas in Bengaluru; Editing by Devika Syamnath)

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