Nautilus(NYSE:NLS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 1, 2016. Company reported revenue of $78.53M. Analysts estimated a revenue of $77.83M. Earnings per share were $0.12. Analysts had estimated an EPS of $0.09.
In a different note, Imperial Capital said it Initiates Coverage on Nautilus, according to a research note issued on Jul 6, 2016. The shares have been rated ‘Outperform’ by the firm.
Nautilus (NLS) made into the market gainers list on Mondays trading session with the shares advancing 1.00% or 0.21 points. Due to strong positive momentum, the stock ended at $21.24, which is also near the day’s high of $21.65. The stock began the session at $21.17 and the volume stood at 2,24,975 shares. The 52-week high of the shares is $21.65 and the 52 week low is $13.82. The company has a current market capitalization of $661 M and it has 3,11,06,068 shares in outstanding.
Several Insider Transactions has been reported to the SEC. On May 19, 2016, Robert O. Murdock (VP, GM Direct) sold 712 shares at $20.00 per share price.Also, On May 16, 2016, Wayne M Bolio (SVP, Law & Human Resources) sold 10,000 shares at $19.61 per share price.On May 16, 2016, Jeffery Lynn Collins (VP, Retail Sales) sold 8,403 shares at $19.57 per share price, according to the Form-4 filing with the securities and exchange commission.
Nautilus Inc. is a consumer fitness products company. The Company’s principal business activities include designing developing sourcing and marketing cardio and strength fitness products and related accessories for consumer use primarily in the United States and Canada. The Company operates through two business segments: Direct and Retail. Its Direct business markets and sells its products principally Bowflex cardio and strength products directly to consumers. It is a direct marketer of strength products in the United States and also sells cardio products especially the Bowflex TreadClimber and Bowflex Max Trainer. In its Retail business the Company markets and sells a line of consumer fitness equipment under the Nautilus Schwinn Universal and Bowflex brands. The Company’s products are marketed through retail companies consisting of sporting goods stores Internet retailers large-format and warehouse stores smaller specialty retailers and independent bike dealers.