Financial

Peloton makes more strides, prepares app and brand relaunch

By 2023-05-04T14:49:00

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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.

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