All Octane Fitness articles
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ArticleNautilus books a loss in Q3, with soft sales outside the U.S.
Nautilus recorded a 22 percent drop in revenues to $147 million in the third quarter ended Dec. 31, despite a 63 percent rebound from the corresponding 2019 period, excluding the divested Octane business. The net result was a loss of $13.5 million against a net income of $28.9 million in ...
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News briefs
Nautilus sells Octane Fitness
True Fitness Technology acquired Octane Fitness from Nautilus for $25 million on Oct. 14, assuming $3 million in warranty liabilities and $0.5 million in vendor recourse lease obligations. The chief executive of Nautilus, Jim Barr, says in the company’s press release that the sale should “streamline our operations and accelerate ...
