06.05.2014 00:08:39
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Nautilus Q1 Profit Rises - Quick Facts
(RTTNews) - Nautilus, Inc. (NLS) reported first-quarter net income of $5.4 million, or $0.17 per share, compared to $5.2 million, or $0.17 per share, previous year. Income per share from continuing operations was $0.18, flat with prior year. Pretax income per share from continuing operations was $0.28, compard to $0.19.
On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.14 for the quarter. Analysts' estimates typically exclude special items.
Net sales for the first quarter of 2014 totaled $71.9 million, a 21% increase compared to $59.2 million in the same quarter of 2013. The company said the strong growth in sales was driven by higher sales in both the Direct and Retail segments. Analysts expected revenue of $65.24 million for the quarter.
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