Latest Peloton Interactive Inc News

Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down

May. 02, 2024 11:15 AM EDT

Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its business. Shares slid 12%, to $2.81. Peloton has been working on a...

Peloton: Fiscal Q3 Earnings Snapshot

May. 02, 2024 08:06 AM EDT

NEW YORK (AP) — NEW YORK (AP) — Peloton Interactive Inc. (PTON) on Thursday reported a loss of $167.3 million in its fiscal third quarter. The New York-based company said it had a loss of 45 cents per share. The results missed Wall Street expectations. The average...