This is a follow up to an article I wrote in mid February on the fitness equipment company, Nautilus Inc. (NYSE:NLS). At that time I provided some background on the company, its previous growth to more than $600 MM in revenue, split adjusted share price of $43 in 2002, and subsequent decline. I also recommended that Nautilus was a company that took the necessary steps to restructure their product line and address inefficiencies that plagued the company for more than a decade. Based on the company's confirmation of 2013 results in February and its 2014 Q1 earnings report on May 5th it appears that the turnaround story continues to evolve and gain momentum.
Nautilus Inc, NLS, reported 2014...
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