Peloton results to offer clues on impact of turnaround plan


Peloton Inc’s (PTON) efforts to get its operations back in shape should help it slow cash burn and post a smaller loss on Thursday, but the road to financial fitness could be rocky as it deals with a saturating market and a possible recession.

“From a cost standpoint, the restructuring initiatives and recent pricing changes (higher hardware and subscription prices) give more confidence in the company’s ability to improve its gross margin and free cash flow,” Telsey Advisory Group analysts said.

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