From linked article some positives - but also covers negatives:
Not all of the news for Wahoo is negative, though. There is a thread throughout all of the financial analysis that recognizes the position that Wahoo has within the sports world. Back in early 2022, Moody’s stated that "Wahoo has a good record of successful new product launches and it expects significant sales and earnings contribution from several new products and refreshes in late 2022.” At the time, it was noted that market headwinds included “ongoing inflationary pressures” that would “erode consumer spending power.” As well as shifting patterns of “spending back to categories that were limited over the past few years.”
With the added benefit of hindsight, the most recent Moody’s analysis goes further. The rating agency is again complimentary, stating that “Wahoo benefits from its strong market position in the cycling and smart fitness products market, supported by its good brand recognition, product innovation, and high product quality."
There seems to also be a recognition that the future looks somewhat positive and Wahoo has “meaningfully grown its revenue scale over the past five years, supported by successful new product introductions and tailwinds from positive consumer health and fitness trends.”
Dust has been settling on the Wahoo X/RGT platforms. Who is the new “Chief Suffering Officer”?, previously, that position was much more than just a title on a company website, one could argue that it represented the heartbeat of the company. Big shoes to fill Wahoo.