Quartz·1 min read·medium

Peloton posted its first full-year profit ever — but the stock sank on a weaker sales outlook

Cris Tolomia
AI Summary

Peloton reported its first full-year profit of $63 million for fiscal 2026. Despite this milestone, the company's stock price declined due to a weaker-than-expected revenue forecast.

The connected fitness company posted $63 million in net income for fiscal 2026, but its stock fell on a weaker-than-expected revenue forecast

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