The fiscal fourth quarter helped push full-year results to profitability as quarterly net income jumped 185% to $61.6 million from $21.6 million on 1% higher revenue of $607.7 million against $606.9 million. Connected fitness sales across the Peloton and Precor brands were down 14% to $171.1 million while subscription sales increased 7% to $436.6 million. Ending paid connected fitness subscriptions tallied 2.6 million, a 9% decline. In the bid for greater breadth in the content library, PTON closed on the acquisition of connected Pilates pioneer Skop during the quarter, sending Pilates ... Log in to view full article.