PTON / Peloton reportedly pauses bike and treadmill production amid slowed demand

No-one can accuse Peloton's boss of not sweating the asset, but as the connected fitness brand reported quarterly losses it also warned of a tough hol more_horizontal

Peloton Interactive, Inc. (NASDAQ:PTON ) Q1 2024 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Peter Stabler - Head of IR more_horizontal

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Peloton (PTON) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.36. This compares to loss of $0.7 more_horizontal

Peloton Interactive Inc (NASDAQ: PTON), the connected fitness company known for its high-end exercise equipment, faced a disappointing start to its fi more_horizontal

Peloton Interactive Inc. shares were sliding about 9% in Thursday's premarket action after the maker of connected exercise equipment showed financial more_horizontal

Peloton has been working to boost its membership numbers through a series of partnerships and posted higher than expected revenue on Thursday. more_horizontal

A seasonal slowdown in hardware sales and reduced consumer spending are likely to affect Peloton's (PTON) first-quarter fiscal 2024 performance. more_horizontal