With health clubs largely closed around the world, Peloton had a 66% surge in Q3 sales to $524.6 million from $316.7 million while the net loss rose to $55.6 million from $38.4 million for the three months ended Mar. 31. The loss included a litigation expense of $49.3 million, mostly related to the settlement with a music industry group, and $20.5 million in stock compensation. Product sales jumped 61% to $420.2 million from $261.6 million while subscription revenue rose 92% to $98.2 million from $51.1 million and Other revenue, largely apparel, was up 53% to $6.1 million from $4.0 million. ... Log in to view full article.