12.01.2015 13:52:22
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Nautilus Sees Higher Q4 EPS From Cont.ops - Quick Facts
(RTTNews) - Nautilus, Inc. (NLS), a global fitness products company, Monday said earnings per share from continuing operations for the fourth quarter of 2014 are expected to be in the range of $0.30 - $0.33 per share, compared to $0.27 per share for the fourth quarter of 2013.
Pretax earnings per share from continuing operations are estimated to be in the range of $0.43 - $0.46 per share, compared to $0.32 per share for the fourth quarter of the previous year.
Nautilus expects to report net sales of about $95 million for the fourth quarter of 2014, an increase of 23 percent from the prior year. Four analysts look for revenues of $87.59 million.
Bruce Cazenave, CEO, said, "We are pleased to report another quarter of strong revenue and profit growth. These results are further affirmation that the new product roadmap and operational initiatives we embarked on a few years ago are effective."
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