Peloton Returns to Profit as Subscription Growth and New Partnerships Fuel Turnaround Push

Peloton delivered a modest but symbolically important quarter on Thursday as the connected fitness company returned to profitability, beat Wall Street revenue expectations, and signaled that its long-running turnaround effort may finally be gaining traction after years of declining demand and financial pressure. The company reported fiscal third-quarter revenue of $630.9 million for the period

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