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Nautilus sees Q4 EPS 4c-5c, consensus 56c.

Sees Q4 revenue $114M-$116M, consensus $149.55M. The company said, "While our results for the fourth quarter of 2018 and fiscal year ended December 31, 2018 will not be final until the conclusion of our audit and the announcement of our final results in late February, we are providing preliminary results for those periods." It added, "The results for the fourth quarter of 2018 did not meet our expectations or the guidance we had provided during our October 2018 update. We expected significantly stronger sales in the fourth quarter of 2018 in the Direct segment, driven by the introduction of the new digital platform Max Intelligence (MIP). We expect that as consumers are further exposed to MIP, this unique product will help to accelerate sales across a number of our products and brands in the future starting in 2019." :theflyonthewall.com

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Publication:The Fly
Article Type:Financial report
Date:Jan 17, 2019
Words:142
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