Net loss ticked down 3% to $32,666,000 from $33,850,000 on a revenue decline of 23% to $128,250,000 from $165,975,000 as the embattled fitness firm seeks to stanch its bottom line bleeding. To that end, OpEx was cut 26% to $104.0 million, flowing through to a 20% narrowing of operating loss at $29.0 million. The small Connected Fitness segment delivered 48% growth to $4.9 million in sales with 6,500 ... Log in to view full article.
