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Nautilus cuts FY23 revenue view to $270M from $315M-$365M
The Fly

Nautilus cuts FY23 revenue view to $270M from $315M-$365M

Consensus is $326.29M. The decline in revenue is primarily due to lower expectations in the Retail segment. The Company now expects full year Adjusted EBITDA loss to be approximately $50 million compared to the prior range of Adjusted EBITDA loss of between $30 million and $40 million. The Company is targeting JRNY Members to be approximately 500,000 at March 31, 2023.

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