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Nautilus (NLS) delivered earnings and revenue surprises of -47.22% and 5.08%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
VANCOUVER, Wash.--(BUSINESS WIRE)--Nautilus, Inc. (NYSE: NLS) (the “Company”) today announced that the Company will report its financial results for the fiscal first quarter ended June 30, 2022 after the market closes on August 9, 2022, followed by a management hosted conference call to discuss the Company's operating results. The live conference call and webcast is scheduled for 1:30 p.m. PT (4:30 p.m. ET) on Tuesday, August 9, 2022. The conference call can be accessed by calling (844) 825-978
Peloton was a COVID-trade darling and has fallen greatly since the economy "re-opened". Nautilus has as well, but there is more value in Nautilus. Peloton expanded production of their pricey, connected exercise bicycles and treadmills as demand surged and also met with controversy and a very high valuation based on an unrealistic total addressable market.
Shares of Nautilus Inc. NLS, -20.84% plunged 20.5% in morning trading, putting them on track for the lowest close since March 2020, after the exercise equipment and digital fitness company swung to a fiscal fourth-quarter loss, as revenue that fell sharply from a year ago while gross margins were more than halved. The company also provided fiscal first-quarter sales guidance of $45 million to $55 million, which was well below the current FactSet consensus of $70.4 million, and consensus at the end of April of $114.6 million.
Nautilus, Inc. (NYSE:NLS ) Q4 2022 Earnings Conference Call May 23, 2022 4:30 PM ET Company Participants John Mills - Investor Relations Jim Barr - Chief Executive Officer Aina Konold - Chief Financial Officer Conference Call Participants Steve Dyer - Craig-Hallum Matt Curtis - William Blair Mark Smith - Lake Street Capital Markets George Kelly - ROTH Capital Partners Operator Greetings, ladies and gentlemen and welcome to the Nautilus, Inc. Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] It is now my pleasure to introduce your host, Mr.
Nautilus (NLS) delivered earnings and revenue surprises of 8.20% and 1.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Nautilus, Inc. (NYSE: NLS) reported a fourth-quarter net sales decline of 41.9% year-over-year to $119.72 million, missing the consensus of $121.57 million. The gross margin fell by 2,084 bps to 17.5%, reflecting increased product costs, logistics, and discounting (-16 ppts) and increased.
Nautilus (NLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The market is pricing Nautilus for distress/bankruptcy at $3.02 or a market cap of 98.432 million. Nautilus is balance sheet cheap with a market price below liquidation value.