Another content distribution deal is moving Peloton in the right direction.
The market was pleased with a slight revenue increase and positive free cash flow. Peloton's business is still in bad shape, with sales expected to decline and ongoing net losses.
Peloton just delivered revenue growth for the first time in nine quarters. However, it's unlikely to last, with a significant drop-off in paid subscribers expected during fiscal 2025.
Peloton NASDAQ: PTON wowed the market with its FQ4 results, sending its shares up nearly 50% in two days. This indicates a dynamic shift that could increase its price over the coming quarters and years.
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.