Nautilus Inc. said its fourth-quarter normalized net income was 34 cents per share, compared with the S&P Capital IQ consensus estimate of 38 cents per share.
EPS climbed 16.4% year over year from 29 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $10.6 million, a gain of 14.5% from $9.2 million in the year-earlier period.
The normalized profit margin rose to 10.1% from 9.7% in the year-earlier period.
Total revenue grew 15.0% year over year to $109.1 million from $94.9 million, and total operating expenses climbed 14.7% year over year to $92.3 million from $80.4 million.
Reported net income decreased from the prior-year period to $10.0 million, or 32 cents per share, from $10.5 million, or 33 cents per share.
For the year, the company's normalized net income totaled 89 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 91 cents.
EPS rose 48.1% from 60 cents in the prior year.
Normalized net income was $28.0 million, an increase of 47.6% from $19.0 million in the prior year.
Full-year total revenue rose 22.3% year over year to $335.8 million from $274.4 million, and total operating expenses grew 19.1% year over year to $291.0 million from $244.3 million.
The company said reported net income increased 32.4% year over year to $26.9 million, or 85 cents per share, in the full year, from $20.3 million, or 64 cents per share.