NLS’ Direct segment sales were weaker than expected in the final quarter, despite the introduction of the new Max Intelligence digital platform, which management had hoped would jumpstart sagging sales in its DTC business. Nautilus drastically cut its full year revenue expectations to about $395 to $397 million for the full year, well short of the $431 to $440 million guidance provided on its Q3 conference call. Operating income, which was guided at $42 to $45 million, will be about half that, at around $20 to $21 million for the full year. Net income is expected to be $0.49 to ... Log in to view full article.