Nautilus (NLS) Tops Q4 EPS by 15c

Nautilus (NYSE: NLS) reported Q4 EPS of $0.90, $0.15 better than the analyst estimate of $0.75. Revenue for the quarter came in at $189.3 million versus the consensus estimate of $191.73 million.

Forward Looking Guidance:

Turning now to our forward-looking guidance for the transition period from January 1, 2021 to March 31, 2021.

• We expect net sales growth of 55% to 75% versus the same period last year.
• Due to pressure from increased logistics costs, higher commodity prices, and continued foreign exchange headwinds, we expect gross margins to be relatively flat to the same period last year.
• We expect operating expenses to be higher in dollars but achieve leverage as these expenses are expected to be lower as a percent of sales than the same period last year, driven by increased marketing and investments in JRNY® and North Star.

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

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