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BowFlex Parent, Nautilus, Inc. Reports First Quarter Fiscal 2024 Results

Net Sales of $42M Down 24% Year-over-Year Gross Profit Up 24%; Gross Margin Expanded 800 Basis Points vs. Q1 Fiscal 2023 Adjusted EBITDA Loss Reduced by 70% vs Q1 Fiscal 2023 Reaches Approximately 535K JRNY®