The first quarter bottom line was helped back into the black by a $3.2 million tax benefit from the CARES Act that resulted in a $2,184,000 profit against a loss of $8,575,000 last year, as revenues gained 11% to $93,722,000 from $84,400,000. The results were in line with NLS’ pre-announcement at the beginning of April, with the sales gains driven by Covid-19 fueled demand for strength and cardio products, as fitness enthusiasts were forced to work out at home. The first 30 days of stay-at-home saw a 50% increase in JRNY connected fitness app downloads, and e-commerce site traffic in ... Log in to view full article.