Nautilus, Inc. Finishes Challenging 2019 With Encouraging Fourth Quarter Results
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Nautilus (NLS) Tops Q4 EPS by 26c, Revenues Beat
February 24, 2020 4:16 PM ESTNautilus (NYSE: NLS) reported Q4 EPS of $0.12, $0.26 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $104.2 million versus the consensus estimate of $99.78 million.
Fourth Quarter 2019 Highlights Compared to Fourth Quarter 2018
Net Sales were $104.2 million, down 9.7% compared to $115.4 million. The 4.8% increase in the Retail Segment was offset by a 28.1% decline in the Direct Segment.Operating Expenses decreased by 27.4% to $34.9 million compared to $48.0 million, primarily due to reductions in sales and marketing expenses, general and administrative costs, and research and development... More