Nautilus: 2Q Earnings Snapshot
VANCOUVER, Wash. (AP) _ Nautilus Inc. (NLS) on Monday reported second-quarter earnings of $928,000.
The Vancouver, Washington-based company said it had profit of 3 cents per share.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.
The fitness products company posted revenue of $75.5 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $78.6 million.
Nautilus shares have risen nearly 5 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.98, a drop of 20 percent in the last 12 months.