Nautilus reported a 32.2 percent decrease in third quarter 2019 revenue to $61.7 million. The decrease was driven by a 44.1 percent decline in direct segment sales that company executives attribute to low Max Trainer product sales and a strategic 37 percent reduction in advertising spending in preparation for a fourth quarter advertising push….
Nautilus' 32 Percent Revenue Decrease Attributed to Lower Product Sales, Advertising Expenses
Nautilus reported a 32.2 percent decrease in third quarter 2019 revenue to $61.7 million. The decrease was driven by a 44.1 percent decline in direct segment sales that company executives attribute to low Max Trainer product sales and a strategic 37 percent reduction in advertising spending in preparation for a fourth quarter advertising push….