2023-05-23 16:12:44 ET
- Nautilus press release ( NYSE: NLS ): Q4 GAAP EPS of -$0.66 misses by $0.09 .
- Revenue of $68.4M (-42.9% Y/Y) beats by $10.73M .
- Full Year Fiscal 2024
- The Company expects full year net revenue to be in the range of $270 million to $300 million vs $275.38M consensus, with the second half of the year representing 60% to 65% of full year net revenue. The Company expects Q1 to be the lowest revenue quarter of the year, and as a % of full year sales, to be lower than last year. Finally, given the sale of the Nautilus Brand, the Company expects royalty revenue to be $1.8 million.
- The Company expects full year Adjusted EBITDA 1 of between $15 million loss to break-even.
- The Company is targeting JRNY ® Members to be approximately 625,000 at March 31, 2024.
For further details see:
Nautilus GAAP EPS of -$0.66 misses by $0.09, revenue of $68.4M beats by $10.73M