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Earnings/results
Funding
Monthly News Summary (February 2023)
Connected Fitness
Feb 28
Funding
CLMBR raises an undisclosed sum in Series B funding; launches “CLMBR 02”
Connected Fitness
Dec 21, 2022
Funding
Playpulse raises an undisclosed sum in funding; announces launch of “Playpulse One”
Connected Fitness
Nov 18, 2022
Earnings/results
Nautilus Q2 FY2023 earnings beat consensus EPS estimates despite revision of management expectations and fall in revenues
Connected Fitness
Nov 9, 2022
Earnings/results
Peloton Q1 FY2023 earnings miss analyst estimates amidst decline in equipment sales and revenue
Connected Fitness
Nov 3, 2022
Management news
Peloton announces plans to lay off nearly 500 workers
Connected Fitness
Oct 6, 2022
Management news
iFIT appoints Kevin Duffy as CEO
Connected Fitness
Oct 4, 2022
Funding
Katalyst raises USD 26 million in Series A funding
Connected Fitness
Oct 4, 2022
Partnerships
Peloton announces partnership with sporting retail chain Dick’s Sporting Goods
Connected Fitness
Sep 29, 2022
Product updates
Peloton expands product offering with the launch of its connected rower
Connected Fitness
Sep 20, 2022
Management news
Peloton announces resignation of co-founders and a top executive
Connected Fitness
Sep 12, 2022
Funding
Tonal looks to raise USD 100 million in funding
Connected Fitness
Sep 9, 2022
Earnings/results
Peloton Q4 FY2022 update: Misses consensus estimates; revenue down and losses mount amid lowered demand
Connected Fitness
Aug 25, 2022
Partnerships
Peloton to sell fitness equipment and apparel on Amazon
Connected Fitness
Aug 24, 2022
Product updates
Management news
Peloton discontinues more in-house functions; announces layoffs and a reversal of price cuts
Connected Fitness
Aug 12, 2022
Earnings/results
Nautilus Q1 FY2023 loss per share overshoots analyst estimates; beats revenue predictions
Connected Fitness
Aug 9, 2022
Product updates
Tempo introduces all-access membership program with one-on-one coaching
Connected Fitness
Aug 2, 2022
Management news
Tonal announces layoff of 35% of its workforce
Connected Fitness
Jul 13, 2022
Management news
Peloton to cease in-house production; announces layoffs
Connected Fitness
Jul 12, 2022
Product updates
Hydrow launches Wave to expand product offerings
Connected Fitness
Jul 6, 2022
Earnings/results
Nautilus meets Q4 FY2022 analyst EPS estimates but misses revenue predictions; share price plummets
Connected Fitness
May 23, 2022
Funding
Peloton raises USD 750 million in debt funding
Connected Fitness
May 17, 2022
Product updates
Peloton unveils connected rower and new fitness programs at Homecoming event
Connected Fitness
May 13, 2022
Earnings/results
Peloton misses EPS estimates by 3x; share price plummets post-earnings release
Connected Fitness
May 10, 2022
Funding
OxeFit raises USD 15 million in Series A1 funding
Connected Fitness
May 10, 2022
M&A
Blue Goji acquires Interactive Fitness for undisclosed sum
Connected Fitness
Apr 26, 2022
Funding
Vitruvian raises USD 15 million in Series A funding
Connected Fitness
Apr 20, 2022
Funding
Flexia raises USD 4 million in seed funding
Connected Fitness
Apr 5, 2022
Funding
Hydrow raises USD 55 million in Series D funding
Connected Fitness
Mar 17, 2022
Product updates
Peloton announces the launch of its podcast ‘Fitness Flipped’
Connected Fitness
Mar 3, 2022
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