Fitness-Equipment Maker Peloton Reports Unexpected Q4 Sales Growth First Time Since 2022, Positive EBITDA Since 2021

Interactive fitness platform provider Peloton Interactive, Inc. PTON stock jumped during premarket trading on Thursday after the company reported better-than-expected fourth-quarter results.The company reported sales of $643.6 million, up marginally by 0.2% year over year, beating the consensus of $630.5 million and outperforming the company’s $618 million-$643 million implied guidance range.“We achieved modest Y/Y revenue growth in Q4 for the first time since Q2 FY22”, the company said.The subscription seg ...