Nautilus (NLS) Q2 2022 Earnings Call Transcript

We proceed to deal with unprecedented challenges resembling container availability, price of transport and storing stock, elevated commodity prices, availability and spot costs of digital parts, and delayed retailer FFO pickups, however we have now developed a a lot stronger and extra agile provide chain due to disciplined execution on our North Star strategic plan. Subsequent, I want to flip to innovation. This quarter, we introduced and accomplished the acquisition of VAY, a frontrunner in movement and imaginative and prescient expertise. This acquisition instantly helps our purpose to speed up our software program growth capabilities and add new and modern options to its JRNY platform, transferring us nearer to our imaginative and prescient for JRNY as your extremely personalised one-on-one health coach.

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