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Nautilus: 2Q Earnings Snapshot

VANCOUVER, Wash. (AP) _ Nautilus Inc. (NLS) on Wednesday reported a second-quarter loss of $78.9 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 $2.66. Losses, adjusted for one-time gains and costs, came to 33 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The fitness products company posted revenue of $59 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $60.1 million.

In the final minutes of trading on Wednesday, the company's shares hit $1.92. A year ago, they were trading at $14.25.


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