Nautilus Inc. this week reported its unaudited operating results for the fourth quarter ended December 31, 2014.
The Vancouver-headquartered company reported $95 million in net sales for the quarter, an increase of 23 percent compared to the fourth quarter of 2013. Additionally, the company said 2014 full-year net sales are expected to approximate $274 million, an increase of 25 percent compared to the full-year 2013.
“We are pleased to report another quarter of strong revenue and profit growth,” said Bruce M. Cazenave, Nautilus CEO. “These results are further affirmation that the new product roadmap and operational initiatives we embarked on a few years ago are effective. I am extremely proud of our dedicated employees for their outstanding efforts in delivering these results and for their hard work in continuing to build strong growth platforms for the future.”
Nautilus plans to release its full operating results for the fourth quarter and full year 2014 in late February.