Peloton's huge loss highlights how hard it'll be to turn things around
 

Peloton has posted a heavy quarterly loss for the first quarter, indicating that it has a lot of work to do in order to correct course. The company made a net loss of $757.1 million in the first three months of the year (Q3 of Peloton's 2022 fiscal year). Not only was that a worse result than expected, it's a massive decrease from the $8.6 million loss it posted for the same period in 2021.

https://www.engadget.com/peloton-ear...1.html?src=rss