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BowFlex Inc. - $BFX STOCK NEWS

Welcome to our dedicated page for BowFlex news (Ticker: $BFX), a resource for investors and traders seeking the latest updates and insights on BowFlex stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BowFlex's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BowFlex's position in the market.

News
Court Approves BowFlex Inc. Purchase Agreement by Johnson Health Tech
Rhea-AI Summary
BowFlex Inc. announces the approval of the sale of its assets to Johnson Health Tech for $37,500,000 by the U.S. Bankruptcy Court. The transaction is expected to close on or around April 22, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.33%
Tags
none
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News
BowFlex Inc. assigned BFXXQ symbol on OTC Market
Rhea-AI Summary
BowFlex Inc. has been delisted from the NYSE and assigned the symbol 'BFXXQ' on the OTC market due to a Chapter 11 bankruptcy filing. Shareholders face uncertainty regarding the stock's value, trading, and market development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
Tags
none
-
News
BowFlex Inc. Files for Voluntary Chapter 11 Protection and Reaches Stalking Horse Agreement to Facilitate Sale
Rhea-AI Summary
BowFlex Inc. secures $25 million in debtor-in-possession financing to continue operations and fulfill customer orders. The company enters a purchase agreement with Johnson Health Tech Retail, Inc. for $37.5 million. The Chapter 11 proceeding initiated to facilitate the sale process allows competing offers. The company aims to maximize stakeholder value through the transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
none
News
BowFlex Inc. Announces Receipt of Continued Listing Standard Notice from NYSE
Rhea-AI Summary
BowFlex Inc. (NYSE: BFX) received a notice from the NYSE stating non-compliance with the continued listing standards due to low global market capitalization and stockholders' equity. The company plans to submit a plan to cure the deficiency within 45 days and aims to achieve compliance within 18 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
BowFlex Inc. Reports Second Quarter Fiscal 2024 Results
Rhea-AI Summary
BowFlex Inc. (NYSE: BFX) reported Q2 fiscal 2024 net sales of $48.7 million, down 25.7% YoY. Adjusted EBITDA loss reduced by 41% versus Q2 fiscal 2023. JRNY® members reached 596K, up 51% YoY. Direct segment net sales were down 15%, while Direct Strength product sales were up 15% versus Q2 fiscal 2023. The company updated its fiscal year 2024 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.79%
Tags
earnings
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News
BowFlex Inc. to Announce Fiscal Second Quarter 2024 Results on Tuesday, November 14, 2023
Rhea-AI Summary
BowFlex Inc. (NYSE: BFX) will report its financial results for the fiscal second quarter ended September 30, 2023 on November 14, 2023. A management hosted conference call will follow, scheduled for 1:30 p.m. PT (4:30 p.m. ET) on the same day. The conference call can be accessed by calling (877) 425-9470 in North America and (201) 389-0878 for international callers. Presentation slides will be available for download at BowFlex's website. A replay of the webcast will be available on the company website for six months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.49%
Tags
earnings
News
Nautilus, Inc. Rebrands as BowFlex Inc.
Rhea-AI Summary
Nautilus, Inc. has changed its name to BowFlex Inc. (NYSE: BFX) to reflect its transformation and long-standing presence in the home fitness industry. The company has introduced new products, enhanced its JRNY adaptive fitness platform, and secured $5 million in additional investments. The rebranding is part of the company's digital transformation strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
Tags
none
Stock BFX logo
BowFlex Inc.

NYSE:BFX

BFX Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

BFX Stock Data

97.19M
29.81M
16%
18.09%
2.42%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
US
Vancouver

About BFX

nautilus, inc. is a pure fitness company that provides tools and education necessary to help people achieve a fit and healthy lifestyle. with a brand portfolio that includes nautilus®, bowflex®, schwinn® fitness, universal® and corebody reformer™. nautilus markets a complete line of innovative health and fitness products through direct and retail channels. the direct segment offers products directly to consumers through direct advertising, catalogs and the internet. our retail segment offers our products through a network of over 5,000 retail locations.