All Barry McCarthy articles
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ArticlePeloton reports another loss, restructuring as CEO departs
Heading into the seasonally slowest and most challenging quarter of its fiscal year, Peloton Interactive’s two-year transformation continues down a bumpy path. The connected fitness company has initiated another restructuring effort resulting in annualized savings of more than $200 million and more job cuts – its third round in 26 ...
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ArticlePeloton makes more strides, prepares app and brand relaunch
Further positive developments at Peloton Interactive, including a 64 percent reduction in the Q3 net loss and a 5 percent gain in connected fitness subscriptions, are dimmed by a $75 million settlement and patent license agreement with DISH Technologies that will negatively impact Q4 cash flow. The connected fitness ...
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ArticlePeloton posts strongest quarter in year, but work remains
Peloton Interactive continues to make progress in its turnaround under CEO Barry McCarthy but must achieve numerous objectives in the year ahead if it wants to stay the course.
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ArticlePeloton Interactive working to get wheels aligned as losses mount
Peloton Interactive’s bumpy ride to a turnaround that includes generating positive free cash flow in financial year 2023 is underway, but many paths remain to be taken before any destination is reached. CEO Barry McCarthy, a former Netflix CFO, has been on the job for exactly three months, and he’s ...
