Nautilus, Inc. Delivers 2nd Consecutive Record-Breaking Quarter
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Nautilus (NLS) Tops Q1 EPS by 41c, Revenues Beat
May 10, 2021 4:40 PM EDTNautilus (NYSE: NLS) reported Q1 EPS of $0.93, $0.41 better than the analyst estimate of $0.52. Revenue for the quarter came in at $206.1 million versus the consensus estimate of $159.15 million.
Transition Period Highlights Compared to the Same Period Last Year (3-months ending 3/31/2020)
Net sales were $206.1 million, up 119.9% compared to $93.7 million for the same period last year and up 143.3%, excluding sales related to the Octane brand, which was sold in October 2020. Sales growth was driven primarily by continued demand for connected fitness bikes and treadmills, like the Bowflex VeloCore® bike and T22 Treadmill, and robust sales of... More