Peloton reported a modest sales increase of in its fiscal fourth quarter, marking its first year-over-year revenue growth since the 2021 holiday season. The company, now led by two board members after former CEO Barry McCarthy's resignation, focuses on profitability over growth. Significant cuts to marketing and sales expenses, increased free cash flow and adjusted EBITDA, boosted its results. The company provided a mixed outlook for the year ahead. Peloton plans to continue reducing marketing costs and invest in hardware and software improvements.
