All SelectTech articles

  • Nautilus
    Article

    Nautilus narrows Q1 operating loss despite lower sales

    2023-08-10T06:34:00Z

    The fitness company Nautilus, which sold off its namesake brand trademark and related assets earlier this year for about $13 million, posted numerous improved financial metrics in Q1 but still reported lower sales and a net loss for the period. In doing so, Nautilus, which retains the BowFlex brand, confirmed ...

  • Nautilus
    Article

    Nautilus sees lower retail order trend continuing

    2023-02-10T16:29:00Z

    The fitness company, which has reduced its workforce by 15 percent and is lowering its annual expenses by $30 million, expects lower levels of retail re-orders that hampered Q3 revenues to continue through the first half of 2023. 

  • Nautilus
    Article

    Nautilus books a loss in Q3, with soft sales outside the U.S.

    2022-02-10T14:31:00Z

    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 ...