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Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its ...
Shares of Peloton Interactive reversed course and turned lower Thursday after the connected fitness company swung to a ...
In fiscal 2025, Peloton cut overall expenses by 25%, scaling back spending on sales, marketing, research and development, and ...
Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
Shares of fitness company Peloton climbed on Thursday after the company forecast higher revenue for the coming year and ...
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in ...
Peloton launched in 2012 as a premium fitness brand, offering pricey exercise bikes, treadmills, and rowing machines with ...
Peloton reported a strong Q4 and announced plans of lowering run-rate expenses by another $100 million in fiscal 2026. UBS ...
Discover how Peloton plans more layoffs following a decline in membership and revenue, while seeking new growth strategies.
Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost ...
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