Nautilus Inc. on Friday said it expects a 12 percent jump in fourth quarter sales, sending its share price up more than 19 percent.
The Vancouver, Wash.-based fitness equipment brand (NYSE: NLS) released preliminary, unaudited fourth-quarter results Friday. It won?t unveil its full financial report until March.
Royalties from licensing its brands to third parties are expected to be up 15 percent to $1.8 million.
For the fourth quarter, the company expects sales to rise 12 percent over the prior year to $60...
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Added on 01/27/2012
by Business Broker Blog
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