After over two years of work stanching the gushing on PTON’s P&L, the focus on return-to-grow is starting to take shape at the home fitness manufacturer, with new CEO Peter Stern outlining plans for new hardware and growing subscriber value at the Bank of America investor conference. Noting FY’25 adjusted EBITDA is guided in the $330 to $350 million range, Stern now sees the company working on basic table stakes of being a competitive player again before moving into gradual revenue recovery as product innovation gets new and existing customers back ... Log in to view full article.