Nautilus Inc. Q1 Earnings Drop 38%

(RTTNews) - Nautilus Inc. (NLS) released a profit for first quarter that declined compared to the same period last year.

The company said its earnings fell to $7.09 million, or $0.23 per share. This was lower than $11.44 million, or $0.37 per share, in last year's first quarter.

Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.4% to $113.25 million. This was down from $120.93 million last year.

Nautilus Inc. earnings at a glance:

-Earnings (Q1): $7.09 Mln. vs. $11.44 Mln. last year. -Earnings Decline (Y-o-Y): -38.0% -EPS (Q1): $0.23 vs. $0.37 last year. -EPS Decline (Y-o-Y): -37.8% -Analysts Estimate: $0.26 -Revenue (Q1): $113.25 Mln vs. $120.93 Mln last year. -Revenue Change (Y-o-Y): -6.4%