Peloton’s Working All Angles to Spark Growth
Peloton laid out a game plan that includes rentals, refurbished hardware and varied content, which it hopes will pave the way to black ink some time next year, at the Goldman Sachs Communacopia & Technology Conference. As PTON starts its first fiscal quarter, it is targeting being cash flow positive in its H2 this year with the possibility of a lightly positive full year. Its hardware agnostic app picked up over 900,000 downloads since tiered pricing was launched in May, including 600,000-plus coming from new customers with no membership on other ... Log in to view full article.