Revenues nearly doubled to $114,188,000 in Q2 from $59,004,000 last year as huge demand for home fitness equipment driven by the coronavirus pandemic resulted in the largest quarter ever for NLS. Net loss narrowed to $5,110,000 in the quarter from a loss of $78,868,000, with both periods affected by extraordinary losses—a $29.0 million non-cash loss on disposal for the planned sale of Octane Fitness later this year, and a $72.0 million goodwill impairment last year. Excluding the one-time charges, adjusted net income from continuing operations was $16.8 million against a loss of $9.8 million last year.

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