VAY

BowFlex Inc. Reports Second Quarter Fiscal 2024 Results

Retrieved on: 
Tuesday, November 14, 2023
Retail, Health, Technology, Fitness & Nutrition, Mobile, Wireless, Specialty, Hardware, Trade, EBITDA, Webcast, Absorption, Feedback, Acquisition, NYSE, Balance sheet, Strength, Motion, Income tax, Advertising, All Access Europe, Investment, Comparison, Cardio, Tax, Public expenditure, PPT, Member, Marketing, Machine learning, Capital, Bowflex, Capital expenditure, Adjustment, Forecasting, Operating cost, BFX, VAY, Growth, Subscription business model, IOS, Lender option borrower option, Environment, Rare-earth element, Music, Aquaculture, Reinsurance, Bookkeeping, Cryptocurrency, Pharmaceutical industry, Mobile phone, Video game, Health care, Android

BowFlex Inc. (NYSE: BFX) today reported its unaudited operating results for the fiscal 2024 second quarter ended September 30, 2023.

Key Points: 
  • BowFlex Inc. (NYSE: BFX) today reported its unaudited operating results for the fiscal 2024 second quarter ended September 30, 2023.
  • Fiscal 2024 Second Quarter Ended September 30, 2023 Compared to September 30, 2022
    Direct segment sales were $20.7 million, compared to $24.5 million, a decline of 15.3% versus the same period in 2022.
  • The increase in inventory in the second quarter of fiscal 2024 versus the fiscal year ended March 31, 2023 was driven by inventory purchases in anticipation of our busy season, which occurs in the third and fourth quarters of our fiscal year.
  • The increase in trade receivables was due to increased Retail sales offset by cash collection efforts in the second quarter of fiscal 2024.

BowFlex Parent, Nautilus, Inc. Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, August 9, 2023
Retail, Specialty, Fitness & Nutrition, Health, Operating cost, Lender option borrower option, Advertising, Intellectual property, Capital expenditure, Marketing, FIN, Nautilus, Inc., Schwinn Bicycle Company, Feedback, All Access Europe, Tax, Balance sheet, Absorption, Sale, IOS, Forecasting, Mobile, Public expenditure, VAY, Cardio, EBITDA, Traction, Acquisition, Motion, Machine learning, PPT, Capital, Webcast, Growth, Subscription business model, Adjustment, NYSE, Trade, Rare-earth element, Music, Aquaculture, Reinsurance, Life insurance, Bookkeeping, Mobile phone, Video game, Commercial property, Inc., Nautilus, Android

Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fiscal 2024 first quarter ended June 30, 2023.

Key Points: 
  • Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fiscal 2024 first quarter ended June 30, 2023.
  • Expenses this quarter are primarily driven by foreign related taxes and FIN 48 reserves related to an income tax audit.
  • As of June 30, 2023, members of JRNY® reached 537,000, representing approximately 48% growth versus the same quarter last year.
  • Fiscal 2024 First Quarter Ended June 30, 2023 Compared to June 30, 2022
    Direct segment sales were $21.8 million, compared to $26.5 million, a decline of 17.5% versus last year.

Bowflex Parent, Nautilus, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Tuesday, May 23, 2023
Home Goods, Sports, Health, Specialty, Other Sports, Fitness & Nutrition, Biking, Cycling, Retail, Operating cost, Lender option borrower option, Advertising, Capital expenditure, Comparison, Member, Marketing, All Access Europe, Balance sheet, Absorption, Sale, Forecasting, Tablet, Public expenditure, Octane, 9.5 Carats, Cardio, Direct, EBITDA, VAY, Investment, Acquisition, Machine learning, PPT, Motion tracking, Capital, Webcast, Growth, Subscription business model, Adjustment, Environment, NYSE, Trade, Parent, Online shopping, Video game, Pharmaceutical industry, Health care, Music, Life insurance, Reinsurance, Financial adviser, Bookkeeping, Mobile phone, Aquaculture, Natural gas, Gasoline, Cryptocurrency, Inc., Nautilus, Polaris

Bowflex Parent, Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fiscal 2023 fourth quarter and year ended March 31, 2023.

Key Points: 
  • Bowflex Parent, Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fiscal 2023 fourth quarter and year ended March 31, 2023.
  • Fiscal Fourth Quarter Ended March 31, 2023 Compared to Fiscal Fourth Quarter Ended March 31, 2022
    Net sales were $68.4 million, compared to $119.7 million, a decline of 42.9% versus last year.
  • The decrease in trade receivables was primarily driven by lower sales in the fourth quarter of fiscal 2023.
  • As noted in the pre-announcement of results for the fourth quarter of fiscal 2023, as of May 2, 2023, cash and restricted cash was $19 million while total borrowings were $18 million.

Nautilus, Inc. Reports Fiscal Third Quarter 2023 Results

Retrieved on: 
Thursday, February 9, 2023
Home Goods, Sports, Health, Specialty, Other Sports, Fitness & Nutrition, Biking, Cycling, Retail, Trade, Balance sheet, Uncertainty, Subscription business model, Motion, Capital expenditure, Investment, VAY, Feedback, NYSE, Acquisition, EBITDA, Webcast, Workforce, Operating cost, Capital, Direct, Forecasting, Absorption, Adjustment, Comparison, Marketing, PPT, Growth, Nautilus, Inc., IOS, Machine learning, Octane, Cardio, Android, Advertising, Mobile phone, Pharmaceutical industry, Cryptocurrency, Manufacturing, Reinsurance, Life insurance, Aquaculture, Music, Bookkeeping, Video game, Health care, Nautilus, Inc.

Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fiscal 2023 third quarter ended December 31, 2022.

Key Points: 
  • Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fiscal 2023 third quarter ended December 31, 2022.
  • The Company expects to incur restructuring and other one-time charges of approximately $3.0 million in the Q4 Fiscal 2023 to Q1 Fiscal 2024 time frame.
  • Fiscal 2023 Third Quarter Ended December 31, 2022 Compared to December 31, 2021
    Net sales were $98.1 million, compared to $147.3 million, a decline of 33.4% versus last year.
  • Nautilus will discuss our fiscal 2023 third quarter ended December 31, 2022 operating results during a live conference call and webcast on Thursday, February 9, 2023 at 1:30 p.m. Pacific Time.

Nautilus Inc. Debuts JRNY® With Motion Tracking To Enhance Personalized Fitness

Retrieved on: 
Thursday, January 19, 2023
Health Technology, Health, Fitness & Nutrition, VAY, IOS, Tablet, Machine learning, Senior, NYSE, Dumbbell, Motion tracking, Bowflex, Acquisition, Movement, Android, Multimedia, Feedback, Human, Motion, Citti, Mobile phone, Satellite navigation device, Nautilus

At release, the JRNY app with Motion Tracking offers workouts that are designed for use with Bowflex SelectTech 552 and Bowflex SelectTech 1090 Dumbbells, and with Android or iOS tablets.

Key Points: 
  • At release, the JRNY app with Motion Tracking offers workouts that are designed for use with Bowflex SelectTech 552 and Bowflex SelectTech 1090 Dumbbells, and with Android or iOS tablets.
  • Workouts with Motion Tracking appear in the Dumbbells program category and are tagged as "adaptive."
  • At the start of the workout, users initialize the Motion Tracking technology with two movements for optimal tracking.
  • “Motion tracking is the key to providing meaningful, judgment-free feedback that can make every workout count in the moment as well as over time, as users make progress on their goals.”

Nautilus Provides Update on the Continued Growth of its Digital Fitness Platform JRNY®

Retrieved on: 
Thursday, July 14, 2022
Home Goods, Retail, Specialty, Research, Acquisition, Public expenditure, Innovation, Security (finance), Investment, U.S. Securities and Exchange Commission, VAY, Private Securities Litigation Reform Act, NYSE, Bowflex, Exercise, Habit, Form 10-Q, COVID-19, Nautilus, Inc., Company, Growth, K, SVP, Annual report, Digital, Nautilus

Nautilus, Inc. (NYSE: NLS) today provided the following update related to the growth of JRNY, the companys personalized connected fitness platform, as well as the departure of Chief Digital Officer Garry Wiseman.

Key Points: 
  • Nautilus, Inc. (NYSE: NLS) today provided the following update related to the growth of JRNY, the companys personalized connected fitness platform, as well as the departure of Chief Digital Officer Garry Wiseman.
  • As of June 30th, 2022, members of JRNY, Nautilus personalized connected fitness platform, exceeded 360,000, representing approximately 13% sequential growth in the seasonally slower quarter ending June 30th, 2022.
  • Nautilus is continuing to enhance the JRNY platform through many unique features including the expansion of differentiated visual connected-fitness experiences for its members.
  • The Companys brand family includes Bowflex, Nautilus, Schwinn, and JRNY, its digital fitness platform.

Nautilus, Inc. Announces Inducement Grants

Retrieved on: 
Friday, September 17, 2021
Retail, Specialty, Fitness & Nutrition, Health, Exercise, Financial compensation, Achievement, Employment, Solution, Smartphone, Therapy, Target, Nautilus, Inc., ETH Zurich, RGB, AI, Board, Acquisition, Company, Australian Fitness & Health Expo, Goal, New York Stock Exchange, Vay, Science, Technology, VAY, Movement, NYSE, Financial services, Pharmaceutical industry, Nautilus, Inc., VAY, NAUTILUS, INC., VAY

The Company granted inducement awards under the Inducement Stock Plan to fourteen employees of Vay AG consisting of an aggregate of 387,243 inducement restricted stock units and 387,243 inducement performance units (at the target level).

Key Points: 
  • The Company granted inducement awards under the Inducement Stock Plan to fourteen employees of Vay AG consisting of an aggregate of 387,243 inducement restricted stock units and 387,243 inducement performance units (at the target level).
  • The restricted stock units and performance unit awards were approved by the Compensation Committee of the Board of Directors of the Company and were granted under the Inducement Stock Plan as employment inducement awards material to the new employees becoming employees of Nautilus in accordance with New York Stock Exchange Rule 303A.08.
  • Each restricted stock unit will vest equally over a three-year period, subject to such employees continued employment with Nautilus on such vesting dates.
  • Nautilus, Inc. uses the investor relations page of its website (www.nautilusinc.com/investors) to make information available to its investors and the market.

Nautilus, Inc. Announces Acquisition of VAY, A Leader in Motion Technology

Retrieved on: 
Thursday, September 2, 2021
General Health, Health, Retail, Fitness & Nutrition, Specialty, Bowflex, Company, ETH Zurich, ETH, Growth, Therapy, Australian Fitness & Health Expo, RGB, Acquisition, Movement, Science, Schwinn Bicycle Company, Machine learning, AI, NYSE, Motion, Founder CEO, Goal, Partnership, Solution, CEO, FYE, Computer, Yoga, Exercise, Technology, Nautilus, Inc., VAY, Smartphone, Video game console, Nautilus, Inc., VAY, NAUTILUS, INC., VAY

Through a combination of machine learning expertise and a deep knowledge of human biomechanics, VAYs proprietary technology enables computers to understand human motion using cameras.

Key Points: 
  • Through a combination of machine learning expertise and a deep knowledge of human biomechanics, VAYs proprietary technology enables computers to understand human motion using cameras.
  • As part of our North Star plan, we identified a need in the market for highly accurate form tracking and coaching.
  • Additionally, VAY has an existing partnership with ETH Zurich, one of the top science and technology universities in the world.
  • Since then, VAY has won multiple awards and has established itself as the global leader of camera-based motion analysis for fitness & health applications.