In its fiscal 2024 Q4, Peloton's revenue grew for the first time in more than two years. Management is projecting solid EBITDA and free cash flow generation for its fiscal 2025 as it reduces its cost structure.
“It just screams that this company wants to scam you with every fee it can. You're already getting a monthly fee.
Peloton returned to slight revenue growth and improved its bottom line significantly. Fiscal 2025 guidance calls for a decline in revenue, but a jump in adjusted EBITDA.
The tail end of Q2 earnings were good to several companies on the CE 100 this week. The Index ended the week of August 23 up 2.6%, led by the “Live” pillar up 3.7% and “Bank” at 2.7%.
Peloton reduced its losses and generated positive free cash flow in the fourth quarter. Cost-cutting helped but so did inventory reductions that can't be sustained indefinitely.
Peloton stock soars as it reduces financial risks by improving profits and cash flow.
Peloton Interactive (PTON) stock price is firing on all cylinders after the highly-embattled company published modest results and pivoted towards profitability instead of growth as it did in the past. It made an up-gap and rose to the important resistance point at $5, its highest swing since March 14.
Peloton produced slight revenue growth and cut its losses in the fourth quarter. However, revenue is expected to decline in fiscal 2025 as the company sells less equipment and suffers subscriber declines.
Peloton reported quarterly earnings this week. The stock rose because of improving net losses and a potential short squeeze.
Shares of Peloton Interactive Inc. followed a record rally with another gain on Friday, but one J.P. Morgan analyst recommended investors stop buying because although quarterly results were encouraging, the outlook remains too uncertain.
Peloton Interactive Inc PTON shares rose in trading on Friday, after the company reported upbeat quarterly sales.
Analysts at Bank of America have repeated their ‘Underperform' rating on exercise equipment company Peloton Interactive Inc (NASDAQ:PTON) as they wait for subscriber growth to inflect, despite it reporting a quarterly earnings beat. Peloton shares surged on Thursday after the company, known primarily for its stationary exercise bikes, reported fiscal fourth quarter earnings above estimates.