Nautilus, Inc. Reports Results for the Second Quarter 2018
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Nautilus (NLS) PT Lowered to $14 at Imperial Capital Following 2Q
August 1, 2018 8:19 AM EDTImperial Capital lowered its price target on Nautilus (NYSE: NLS) to $14.00 (from $15.00) while maintaining a In-Line rating following the company's 2Q earnings report. Revenue and EBITDA of $75.5mn and $3.3mn compared to estimates of $77.7mn and $3.6mn, respectively. Shortfalls in revenue and gross margin were partially... More
Nautilus (NLS) Misses Q2 EPS by 1c, Revenues Miss
July 30, 2018 4:24 PM EDTNautilus (NYSE: NLS) reported Q2 EPS of $0.03, $0.01 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $75.5 million versus the consensus estimate of $78.67 million.
Bruce M. Cazenave, Chief Executive Officer, stated, Our overall performance was in-line with our expectations for the second quarter, historically the seasonally slowest quarter of the year. We continued to see solid momentum in our Retail segment during the second quarter, which achieved 5.7% year-over-year growth, driven by double-digit expansion in our mass retail channel. Our Direct segment remained challenged in the second quarter by the continued... More
