Nautilus CEO Jim Barr said the lower sales numbers were expected and were driven primarily by a return to pre-pandemic demand.
Even though it has missed its Q4 2023 expectations, Nautilus is confident & promises exciting new fitness products this year.
Nautilus clarifies that it cannot assure that the review will result in any transaction or other strategic change, however.
These Peloton Alternatives- SoulCycle, Bowflex, NordicTrack, Echelon, Myx and ProForm also make attractive smart bikes that are worth considering.
Sign Up to Our Newsletter