Nautilus posted a 23 percent sales increase in the second quarter ended June 30. The strong growth, with sales reaching $59.7 million in the quarter, was driven by higher sales in both the direct and retail segments. The gross margins improved by 0.4 percent to 51.4 percent. Operating income from continuing operations grew by 65.3 percent to $3.9 million, primarily reflecting higher sales and gross margins in the direct segment, along with improved leverage of general and administrative costs across higher sales volumes. Net income for the quarter amounted to $2.4 million, including $0.2 million of income from discontinued operations. In the second quarter of 2014, the company had reported net income of $0.6 million, which included a $0.9 million loss from discontinued operations. For the first six months of 2015, net sales totaled $155.9 million, marking a 29.5 percent increase over the first six months of 2014. Operating income from continuing operations for the first six months rose by 89.2 percent to $21.5 million.

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