The bottom line swung to a loss of $13,499,000 against last year’s $28,936,000 profit on revenue that was down 22% to $147,342,000 from $189,259,000 for the fiscal third quarter ended Dec. 31. Sales were up 63% over the same period in 2019, excluding sales related to the Octane brand that was divested in Oct. ’20. One bright spot was the continuing growth in JRNY connected fitness memberships, which hit 250,000 at the close of the quarter, up 25% from the end of FQ2. The platform can now track use of cardio and strength products, and off-machine exercise.

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