Net income skyrocketed to $30,404,000 from $2,184,000 on record revenues that more than doubled to $206,075,000 from $93,722,000 for the three-month gap period ended Mar. 31, as NLS resets to an Apr. to Mar. fiscal year. Excluding sales from the divested Octane brand, revenue was up 143%. The top line benefitted from continued demand in connected fitness bikes and treadmills and strong sales in SelectTech weights, as well as JRNY memberships that have risen four-fold from the first embedded screen product launch in Sep. through the close of the Mar. quarter. The sales boost combined with 1,730 b.p. of SG&A ... Log in to view full article.