Fitness-Equipment Maker Peloton Reports Unexpected Q4 Sales Growth First Time Since 2022, Positive EBITDA Since 2021
Interactive fitness platform provider Peloton Interactive, Inc. PTON stock jumped during premarket trading on Thursday after the company reported better-than-expected fourth-quarter results.
Peloton stock rallies as Q4 earnings beat estimates
Peloton Interactive Inc (NASDAQ: PTON) jumped 10% in premarket on Thursday after coming in ahead of Street estimates for its fiscal fourth quarter, indicating that the embattled connected fitness company may finally be starting to get hold of its long-standing struggles under the interim CEO.
Peloton ends streak of revenue declines, sending its stock soaring on earnings
Peloton Interactive Inc. eked out quarterly revenue growth for the first time in 2½ years, and the connected-fitness company's stock was surging in Thursday's premarket action.
Peloton Stock Jumps After Quarterly Loss Narrows
Peloton reports a fiscal fourth-quarter adjusted loss of 8 cents a share, narrower than the year-earlier loss of 68 cents.
Peloton shares rise 11% as turnaround plan takes hold, losses shrink
Peloton has returned to sales growth for the first time in nine quarters. The connected fitness company posted quarterly results that came in well ahead of expectations and delivered a mixed outlook for the year ahead.
Could Peloton Help You Become a Millionaire?
Peloton was a fad stock during the coronavirus pandemic. It tried to shift gears, going from an exercise equipment maker to an exercise subscription service.
Peloton's earnings to draw focus on CEO search, efforts to grow subscribers
Peloton Interactive's investors will look for updates on its CEO appointment and efforts to grow subscribers in fiscal 2025 when the fitness equipment maker reports results on Thursday.
Peloton (PTON) Gears Up for Q4 Earnings: What's in Store?
Peloton's (PTON) fourth-quarter fiscal 2024 performance is likely to have been hurt by dismal Connected Fitness Products revenues.
Wall Street's Insights Into Key Metrics Ahead of Peloton (PTON) Q4 Earnings
Besides Wall Street's top -and-bottom-line estimates for Peloton (PTON), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Peloton (PTON) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Peloton (PTON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PTON Stock Alert: Why Are Peloton Shares Riding Lower Today
Peloton (NASDAQ: PTON ) stock is making a rather surprising move lower today. At the time of this writing, PTON stock is down more than 4% despite the company announcing a rather intriguing partnership with Google and Fitbit parent Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ) to bring Peloton classes to Fitbit smartwatches.
1 Stock I Wouldn't Touch With a 10-Foot Pole -- and Here's Why
Peloton's sales and member counts are plunging and the company hasn't posted a quarterly profit since early 2021. The home gym specialist faces layoffs and financial turmoil, all under interim leadership.
