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Wajeeh Khan

PTON Stock Alert: What to Know as Peloton Reports First-Ever Annual Profit

Peloton PTON Peloton Interactive Barchart

Peloton Interactive (PTON) shares are slipping on Aug. 6 even though the connected fitness firm reported its first annual profit ($63 million) on $2.446 billion in revenue.

While PTON’s revenue came in virtually flat in Q4 on a year-over-year basis, its earnings per share (EPS) more than doubled to $0.13, beating the consensus estimate set at $0.12 per share.

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