Nautilus Posts 3Q Profit Of $8.2 Million

VANCOUVER, WA — Nautilus Inc., a fitness products company based in Vancouver, Washington, reported Monday a third-quarter profit of $8.2 million and said it had net income of 27 cents per share. The results exceeded Wall Street expectations.

The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.

Nautilus posted revenue of $88.1 million in the period, missing Wall Street forecasts. Three analysts surveyed by Zacks expected $92.2 million.

Nautilus shares have fallen 11 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $16.38, a fall of slightly more than 8 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NLS at https://www.zacks.com/ap/NLS

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