Peloton Interactive Inc. reported a third-quarter loss of 12 cents per share, exceeding the expected 7 cents. Despite this, the company's revenue was $624 million, slightly above the $623 million estimate, though down 13% from last year. The revenue was comprised of $205.5 million from Connected Fitness Products and $418.5 million from subscriptions. Peloton's adjusted EBITDA increased by 1,434% year-over-year to $89.4 million, marking its fifth consecutive quarter of positive adjusted EBITDA and free cash flow. Under new CEO Peter Stern, Peloton has focused on improving hardware unit economics and optimizing its cost structure. The company slightly grew its paid Connected Fitness subscriptions and raised the lower end of its full-year forecast for these subscriptions to 2.77 million. Additionally, Peloton appointed Charles Kirol as the new Chief Operating Officer to focus on supply chain logistics and cost management. The company is also leveraging AI, deploying an AI agent for customer support, using AI for translations in classes, and integrating Google Gemini across its team to enhance efficiency. Peloton has also launched personalized plans, reaching half a million setups in the quarter. Peloton offers zero percent interest financing, a bike rental program, and lower-priced refurbished models to mitigate the impact of tariffs on its hardware and apparel, which are subject to 25% and variable tariffs respectively. The company expects a minimal $5 million impact from tariffs in the fourth quarter. Match Group Inc., the parent company of dating apps including Tinder, Hinge, and OKCupid, announced a 13% workforce reduction, affecting about 325 jobs globally. This reorganization aims to achieve over $100 million in annualized savings, with $45 million expected in 2025. Match Group's first-quarter revenue was $831 million, down 3% year-over-year but above estimates, with 14.2 million paying users.