Mr. Cazenave continued, “We are excited about our outlook for the remainder of the year and remain confident that we are well positioned to continue to deliver improved year-over-year financial results. As part of our continuing initiative to introduce innovative new products that satisfy changing customer needs and diversify our product portfolio, we recently launched the Bowflex ® BodyTower™, which is a unique, strength training product that leverages our well recognized Bowflex ® brand. Initial consumer response to this product has been encouraging and we look forward to continuing to roll-out more new products in the coming quarters.”The Company reported net income (including discontinued operation) of $2.5 million for the first quarter of 2012, compared to $1.6 million for the first quarter of 2011. Diluted net income per share for the first quarter of 2012 was $0.08, compared to $0.05 for the same quarter a year ago. Net income for the 2012 first quarter included a loss from discontinued operation of $0.1 million, or $(0.01) per diluted share, compared to income from discontinued operation of $0.5 million, or $0.01 per diluted share for the 2011 first quarter.
Nautilus, Inc. Reports Strong Results For The First Quarter 2012
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