Peloton Executive Says To Deliver Meaningful Free Cash Flow Of At Least $75M For Fiscal 2025
Portfolio Pulse from Benzinga Newsdesk
Peloton aims to deliver a meaningful free cash flow of at least $75 million for fiscal year 2025, according to a company executive.
August 22, 2024 | 1:02 pm
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Peloton plans to achieve a free cash flow of at least $75 million for fiscal 2025, indicating a focus on financial stability and potential profitability.
The announcement of a target for free cash flow suggests Peloton is focusing on improving its financial health, which could positively influence investor sentiment and stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100