Nautilus Reports Q4 Profit In Line

(RTTNews) - Nautilus, Inc. (NLS) reported net income for the fourth quarter of $8.5 million or $0.27 per share, compared to $13.6 million or $0.44 per share for the year-ago quarter.

Income from continuing operations for the fourth quarter was $8.4 million or $0.27 per share, compared to $7.3 million or $0.23 per share in the prior year quarter.

Excluding items, adjusted income from continuing operations for the fourth quarter was $9.6 million or $0.30 per share, compared to $7.3 million or $0.23 per share in the fourth quarter of last year.

Net sales for the fourth quarter rose 19% to $77.09 million from $65.03 million in the same quarter of 2012.

Analysts polled by Thomson Reuters expected the company to earn $0.30 per share on revenue of $77.11 million for the fourth quarter. Analysts' estimates typically exclude special items.