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Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
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 (PTON) reversed course and turned lower Thursday after the connected fitness company swung to a ...
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 ...
CEO Peter Stern, who joined the company in January from Ford Motor, had kicked off the turnaround effort to address a slump ...
Peleton (NASDAQ:PTON) jumped 7% Thursday after Peloton forecast a 12% Q1 revenue drop and unveiled cost cuts. Usually a sales ...
Peloton Interactive shares were up sharply on Thursday morning, August 7 as the company beat top and bottom-line estimates ...
After Friday’s layoffs are completed, Peloton will have about 5,000 employees. The memo comes one month after Peloton announced it will stop making its own equipment and outsource it to a ...
For the fourth time this year, Peloton has announced a round of layoffs. The struggling fitness company is cutting another 500 jobs, CEO Barry McCarthy told CNBC. In a memo to employees, McCarthy ...
Inside Peloton's month from hell How price hikes, layoffs, and too many bikes sent the stock spiraling 24% in a single day.
Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6 per cent of its global workforce to boost ...