Nautilus (NLS) Tops Q1 EPS by 26c, misses on revenue, offers guidance

Nautilus (NYSE: NLS) reported Q1 EPS of ($0.15), $0.26 better than the analyst estimate of ($0.41). Revenue for the quarter came in at $41.75 million versus the consensus estimate of $44.68 million.

Full Year Fiscal 2024

Nautilus is reiterating full year fiscal 2024 guidance.

The Company expects full year net revenue to be in the range of $270 million to $300 million, with the second half of the year representing 60% to 65% of full year net revenue.
Given the sale of the Nautilus Brand, the Company expects full year royalty revenue to be $1.8 million.
The Company expects full year Adjusted EBITDA1 of between $15 million loss to break-even.
The Company is targeting JRNY® Members to be approximately 625,000 at March 31, 2024.

For earnings history and earnings-related data on Nautilus (NLS) click here.

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