NLS - Nautilus GAAP EPS of -$0.35 misses by $0.07 revenue of $98.08M misses by $5.42M
- Nautilus press release ( NYSE: NLS ): Q3 GAAP EPS of -$0.35 misses by $0.07 .
- Revenue of $98.08M (-33.4% Y/Y) misses by $5.42M .
- JRNY Total Members Reaches Approximately 450k with 88% Growth vs Q3 Fiscal 2022
-
Full Year 2023
- The Company expects full year revenue of about $270 million compared to the previous range of $315 million to $365 million. The decline in revenue is primarily due to lower expectations in the Retail segment.
- The Company now expects full year Adjusted EBITDA 1 loss (excluding restructuring costs) to be approximately $50 million compared to the prior range of Adjusted EBITDA (1) loss of between $30 million and $40 million.
- The Company is targeting JRNY Members to be approximately 500,000 at March 31, 2023.
For further details see:
Nautilus GAAP EPS of -$0.35 misses by $0.07, revenue of $98.08M misses by $5.42M