Peloton CEO doesn't care that equipment is losing money, sees path forward in the app

The pricey exercise machines posted a negative gross margin for the holiday quarter, but the fitness equipment maker's overall profit margin was positive.

Peloton CEO doesn't care that equipment is losing money, sees path forward in the app
The pricey exercise machines posted a negative gross margin for the holiday quarter, but the fitness equipment maker's overall profit margin was positive.