Octane Acquisition Fueling The Nautilus Story
Fri, Aug. 26, 12:00 PM
Thu, Aug. 25, 5:57 PM
- Mettler-Toledo (NYSE:MTD) is set to join the S&P 500 effective Sept. 2, replacing Johnson Controls, which is being acquired by fellow index member Tyco International.
- S&P SmallCap 600 member Monolithic Power Systems (NASDAQ:MPWR) will replace MTD in the S&P MidCap 400, and WCI Communities (NYSE:WCIC) will replace MPWR in the SmallCap 600.
- Nautilus (NYSE:NLS) will replace Outerwall, which is being acquired by Apollo Global Management, in the S&P SmallCap 600.
Tue, Aug. 2, 3:33 PM
Tue, Aug. 2, 2:56 PM
- Nautilus (NLS +14.6%) rallies after edging past estimates with its Q2 report.
- Sales in the company's retail segment rose 89% Y/Y to $32.9M with the Octane Fitness business now included.
- The company expects the retail segment growth to continue. "As we enter the back half of the year, we are well positioned for more growth with a number of new product introductions and increased market penetration secured in the Retail segment," said CEO Bruze Cazenave.
- Previously: Nautilus beats by $0.03, beats on revenue (Aug. 1)
Mon, Aug. 1, 5:37 PM
Mon, Aug. 1, 4:08 PM
Sun, Jul. 31, 5:35 PM
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Tue, May 10, 10:32 AM
- Nautilus (NLS +17.6%) moves sharply higher after topping estimates on both lines of its Q1 report.
- The quarter included a significant boost from the Octane Fitness business.
- Operating income as a percentage of sales was down 230 bps to 16.0%, due in part to some higher G&A and R&D expenses, along with a shift in sales mix toward retail.
- The company announced a new $10M expansion of its share buyback program.
- Shares of Nautilus are back over $20 for the first time since the middle part of February.
- Previously: Nautilus beats by $0.03, beats on revenue (May 9)
Mon, May 9, 4:23 PM
Sun, May 8, 5:35 PM
- AAOI, AMPH, APEI, ARNA, ASEI, BKD, CDXS, CUI, CVG, DCO, DMD, DNB, DPLO, DTSI, ELGX, FENG, FRGI, GLOB, GSBD, HALO, HK, HTZ, IFF, INGN, INVN, INWK, IRWD, IVR, JPEP, JUNO, KEG, KITE, LBTYA, LC, LOPE, LSCC, MBI, MODN, MXL, NLS, NOG, NVGS, NVRO, OAS, OPK, OPWR, PEN, PINC, PLOW, PRAA, PSIX, RARE, RAX, RBC, REN, RVNC, SCTY, SEDG, SEMI, SF, SNHY, SREV, SSNI, STMP, TCX, TMH, TTEC, TTGT, TUBE, VTL, VVC
Tue, Feb. 23, 10:49 AM
- Nautilus (NLS -11.8%) is down sharply despite posting Q4 results that were right on the money with analyst expectations.
- The company reported a 16% increase in direct revenue to $67M and a 21% jump in retal revenue to $41.8M. Royalty income was down 84% Y/Y amid a dispute with licensee. Nautilus says it has filed a breach of contract lawsuit against the party and will pursue all remedies for payment.
- Previously: Nautilus beats by $0.01, revenue in-line (Feb. 22 2016)
Mon, Feb. 22, 4:09 PM
- Nautilus (NYSE:NLS): Q4 EPS of $0.39 beats by $0.01.
- Revenue of $109.1M (+14.9% Y/Y) in-line.
Sun, Feb. 21, 5:35 PM
Wed, Jan. 20, 12:27 PM
- Nautilus (NLS +5.5%) trades higher after releasing preliminary Q4 results.
- The company expects to report revenue of $109M vs $109.2M consensus and EPS in a range of $0.37 to $0.39 vs. $0.35 consensus.
- New products helped drive sales during the quarter, according to CEo Bruce Cazenave.
Tue, Jan. 5, 10:41 AM
- Nautilus (NYSE:NLS) spikes 10% after yesterday's acquisition prompts a pair of investment firms to push out positive notes on the company.
- DA Davidson boosts its price target on Nautilus to $26 after factoring in the Octane Fitness purchase, while B. Riley backs its Buy rating.
- Previously: Nautilus snaps up Octane Fitness (Jan. 04 2016)
Mon, Jan. 4, 7:15 AM
- Nautilus (NYSE:NLS) announces it acquired Octane Fitness from P-E firm North Castle Partners for $115M.
- The addition of the fitness products company is expected to be accretive to Nautilus beginning in the current quarter. A one-time charge of $0.11 to $0.12 will be taken by Nautilus to account for acquisition costs.
Nautilus, Inc. is engages in the provision of fitness products. It operates through the Direct and Retail business segments. The Direct segment offers products directly to consumers through direct advertising, catalogs and the Internet. The Retail segment retails products through a network of... More
Sector: Consumer Goods
Industry: Sporting Goods
Country: United States