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Top related persons:
Barry McCarthy - 2 McCarthy - 2 Liz Coddington - 2 Morgan - 1 Coddington - 1 we'll - 1
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Netflix - 1 Spotify - 1 Interactive - 1 Wall - 1 LSEG - 1 Sporting Goods - 1 Dick's Sporting Goods - 1 University of Michigan - 1

Search resuls for: "Liz Coddington"


3 mentions found


☆ Peloton quietly drops unlimited free app membership because it failed to bring in paid subscribers
  + stars: | 2024-04-15 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +3 min
Peloton has quietly removed its unlimited free-membership tier on its fitness app less than a year after it debuted because the initiative was failing to convert users into paid subscribers, the company said. People who signed up for the company's unlimited free membership before it was removed will continue to have access to it, Peloton said. McCarthy, a former Netflix and Spotify executive, had long wanted a free tier on the company's app. Soon after, the unlimited free tier was no longer available. While app subscribers declined during Peloton's fiscal second quarter ended Dec. 31, Coddington said the company still "believe[s]" in its app strategy and it remains "an important part of the business."
Persons: Barry McCarthy, McCarthy, Morgan, Liz Coddington, Coddington, we'll Organizations: Netflix, Spotify Locations: Manhattan, New York City, U.S
☆ Peloton posts mixed holiday results, dismal quarterly guidance
  + stars: | 2024-02-01 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +6 min
A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. The company issued dismal guidance for the current quarter and a tepid full-year sales outlook. For its fiscal third quarter, Peloton expects sales to be between $700 million and $725 million, compared to a Wall Street estimate of $754 million, according to LSEG. The company expects its adjusted EBITDA loss to be between $20 million and $30 million, compared to analyst estimates of a loss of $2 million, according to StreetAccount. "We saw exceptionally strong sales growth through these channels this holiday season, with Y/Y unit growth of 74% in Q2," McCarthy said.
Persons: Barry McCarthy, Liz Coddington, McCarthy Organizations: Interactive, Wall, LSEG, Sporting Goods, Dick's Sporting Goods, University of Michigan Locations: New York, Ohio
☆ Squarespace, a Website-Development Firm, Names Amazon Executive as CFO
  + stars: | 2022-10-12 | by ( Mark Maurer | ) www.wsj.com   time to read: +4 min
Mr. Gooden most recently led the finances of the unit behind Alexa, Amazon’s virtual assistant, and Echo, which sells the online retailer’s smart-speaker products. At Squarespace, Mr. Gooden is set to succeed Marcela Martin, who held the CFO role from November 2020 until July of this year. Photo: Squarespace Inc.Liz Coddington, the former vice president of finance for Amazon Web Services, in June joined exercise equipment company Peloton Interactive Inc. as CFO. Squarespace declined to make Mr. Gooden available for an interview, nor did he immediately respond to a request for comment via LinkedIn. Prior to joining Amazon, Mr. Gooden held CFO roles at companies such as payments firm SpacePointe and defunct commerce platform Solavei LLC.
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