Nautilus, Inc. Reports Results for the Third Quarter 2016
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Imperial Capital Cuts Price Target on Nautilus (NLS) to $17 Following 3Q
November 2, 2016 7:28 AM EDTImperial Capital maintained an In-Line rating on Nautilus (NYSE: NLS), and cut the price target to $17.00 (from $26.00), following the company's 3Q. NLS reported revenue of $81mn, below the Street's $93mn estimate. Advertising response rates declined in late June, causing management to pull back... More
Nautilus (NLS) Tops Q3 EPS by 1c
October 31, 2016 4:12 PM EDTNautilus (NYSE: NLS) reported Q3 EPS of $0.16, ex-items, $0.01 better than the analyst estimate of $0.15. Revenue for the quarter came in at $80.8 million versus the consensus estimate of $92.65 million.
Bruce M. Cazenave, Chief Executive Officer, stated, Our focus on generating profitable growth through product innovation, channel diversification, and disciplined management of expenses, enabled us to achieve double-digit growth in revenue along with a 29% increase in operating income... More
