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NLS - Nautilus GAAP EPS of -$0.58 in-line revenue of $119.72M misses by $1.85M
Nautilus Inc.
Nautilus press release (NYSE:NLS): FQ2 GAAP EPS of -$0.58 in-line. Revenue of $119.72M (-41.9% Y/Y) misses by $1.85M. Adjusted EBITDA loss from continuing operations was $16.9 million compared to earnings of $42.9 million last year. Shares -19.12%. Company Expects to exceed 500k JRNY® Total Members at Fiscal Year End 2023 and Achieve Positive Adjusted EBITDA for Second Half Fiscal Year 2023.