VANCOUVER, Wash. (AP) — VANCOUVER, Wash. (AP) — BowFlex Inc. (BFX) on Tuesday reported a loss of $12.5 million in its fiscal second quarter.
The Vancouver, Washington-based company said it had a loss of 35 cents per share. Losses, adjusted for restructuring costs, were 31 cents per share.
The fitness products company posted revenue of $48.7 million in the period.
BowFlex expects full-year revenue in the range of $215 million to $240 million.
In the final minutes of trading on Tuesday, the company's shares hit 77 cents. A year ago, they were trading at $1.45.
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