VANCOUVER, Wash. (AP) _ Nautilus Inc. (NLS) on Monday reported a first-quarter loss of $8.6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Vancouver, Washington-based company said it had a loss of 29 cents.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The fitness products company posted revenue of $84.4 million in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $90.4 million.
Nautilus shares have fallen 52% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.28, a fall of 65% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NLS at https://www.zacks.com/ap/NLS