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Nautilus profit beats consensus by 47.6% in Q2


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Nautilus profit beats consensus by 47.6% in Q2

Nautilus Inc. said its normalized net income for the second quarter was 13 cents per share, compared with the S&P Capital IQ consensus estimate of 9 cents per share.

EPS increased 72.3% year over year from 7 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $3.9 million, an increase of 69.8% from $2.3 million in the year-earlier period.

The normalized profit margin rose to 4.8% from 3.9% in the year-earlier period.

Total revenue grew 31.6% year over year to $78.5 million from $59.7 million, and total operating expenses climbed 28.5% from the prior-year period to $71.7 million from $55.8 million.

Reported net income grew 69.0% year over year to $3.8 million, or 12 cents per share, from $2.2 million, or 7 cents per share.