Nautilus (NLS) Tops Q3 EPS by 7c
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Nautilus (NYSE: NLS) reported Q3 EPS of ($0.43), $0.07 better than the analyst estimate of ($0.50). Revenue for the quarter came in at $147 million versus the consensus estimate of $153.09 million.
The Company now expects total company net sales in the second half of Fiscal 2022 to be between $260 million and $280 million, an increase of 31% to 41% versus the same period in 2020. The decline versus previous guidance is driven by lower demand in International and increased promotional activity in the US and Canada in this fiscal year’s fitness season.
For earnings history and earnings-related data on Nautilus (NLS) click here.
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