Fitness-Equipment Maker Peloton Reports Unexpected Q4 Sales Growth First Time Since 2022, Positive EBITDA Since 2021
Peloton Interactive stock surged premarket after the company reported better-than-expected fourth-quarter earnings, with $643.6 million in revenue, driven by subscription growth despite declines in connected fitness segment revenue. However, the company anticipates sales headwinds in Q1 FY25 due to economic uncertainties.