Cost discipline puts Peloton back in the black despite weaker sales

2 hours ago 1
New Peloton Holiday Ad Ignites Online Controversy

Scott Heins/Getty Images News

For only the second time since 2021, Peloton Interactive (NASDAQ:PTON) earned a quarterly profit as cuts to the company’s spending on marketing, research and development, and by “right-sizing the cost structure” compensated for declining sales in both its hardware and subscription segments.

Recommended For You

More Trending News

Read Entire Article