Peloton improves quarterly net loss

Posted online February 2, 2023 | 7:28 am

Peloton Interactive Inc. reported a fiscal second-quarter net loss, but it was better than a year earlier.

The net loss was $335.4 million. That compares with a net loss of $439.4 million in the same quarter a year before.

“If you’ve been wondering whether or not Peloton can make an epic comeback, this quarter’s results show the changes we’re making are working," CEO Barry McCarthy said in a letter to shareholders.

$337K in ARPA funds awarded by Greene County

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