The numbers show that AI cameras on a bike can't match the allure of a new iPhone—where social pressure and annual upgrades drive replacement. (PHOTO: Peloton) Peloton built a shinier bike. Its ...
Fitness fans are passing on Peloton's new, higher-priced equipment. Price hikes drove subscriptions lower. Peloton's revenue fell by $17 million to $657 million in its fiscal 2026 second quarter, ...
Shares of Peloton Interactive fell sharply Thursday after the connected-fitness company reported a quarterly loss and an unexpected drop in revenue.
A former Senior Publishing Editor on the Dow Jones Newswires team at The Wall Street Journal, Aaron earned a Bachelor's degree in Economics from the University of Michigan and a Master's in Journalism ...
Feb 5 (Reuters) - Peloton Interactive forecast third-quarter revenue below Wall Street estimates on Thursday, citing weak demand for its fitness equipment, sending its shares down about 23% to their ...
During the COVID-19 pandemic, stationary bike company Peloton was the talk of the town, allowing its customers to stay fit from the comfort of their own homes. But once people started reemerging into ...
After a brief reprieve, Peloton Interactive was back to reporting quarterly losses, as sales fell short of expectations and the number of subscribers fell to the lowest number in years. The ...
Sales fell from a year ago for a sixth straight quarter and connected-fitness subscriptions fell to their lowest level in more than four years Peloton's stock falls as the maker of home-fitness ...
Peloton Interactive’s PTON3.10%increase; green up pointing triangle revenue was down in the fiscal second quarter on falling subscription numbers as the company projected further declines going into ...
Peloton missed Wall Street's expectations on the top and bottom lines and fell short of its internal sales targets during its crucial holiday quarter. The misses come after the connected fitness ...
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Peloton Interactive CFO Liz Coddington will step down from her ...
The company also announced today that CFO Liz Coddington is leaving to become the CFO at solar energy company Palmetto. She’ll remain onboard at Peloton through March while the company works to secure ...