Nautilus, Inc. (NYSE:NLS) is reporting third quarter financial results on Monday 9th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, NLS is expected to report 3Q20 income of $ 0.32 per share from revenue of $ 115.67 million.
For the full year, analysts anticipate top line of $ 448.61 million, while looking forward to income of $ 1.15 per share bottom line.
Previous Quarter Performance
Nautilus, Inc. unwinded income for the second quarter of $ 0.56 per share, from the revenue of $ 114.19 million. The quarterly revenues gained 87.47 percent compared with the same quarter last year. According to street consensus, NLS was expected to report 2Q20 loss of $ 0.09 per share from revenue of $ 68.74 million. The top line results outshined analysts by $ 45.45 million or 66.12 percent.
Stock Performance
On Friday, shares of Nautilus, Inc. has traded high as $ 28.43 and has cracked $ 26.14 on the downward trend, reaching $ 27.80 with volume of 1.54 million shares.
According to the previous trading day, closing price of $ 27.80, representing a 2,209.17 % increase from the 52 week low of $ 1.20 and a 2.53 % decrease over the 52 week high of $ 28.43.
The company has a market capital of $ 833.09 million and is part of the Consumer Cyclical sector and Leisure industry.
Conference Call
Nautilus, Inc. will be hosting a conference call at 4:30 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nautilusinc.com
Nautilus, Inc., a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, strength products, home gyms, dumbbells, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
