Point Roberts, WA and Delta, BC – May 11, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research issues today’s edition of Play by Play covering what’s new in sports and esports headlines plus recent news from publicly traded companies.
Listen to the podcast
#PlaybyPlay Podcast Episode 30: Stocks discussed: (NYSE: $NLS) (NasdaqGS: $CPHC)
Play by Play – the latest sports headlines, esports and sports stock news
Nautilus, Inc. (NYSE:NLS) has reported its unaudited operating results for the three-month transition period ended March 31, 2021. This follows the company’s decision to change its fiscal year from January 1 to December 31, to the twelve months beginning April 1 and ending March 31. Highlights for this quarter include net sales of $206.1 million, which is an increase of 119.9 percent over the same period last year. Nautilus CEO Jim Barr said:
“Our team delivered its second consecutive quarter of record-breaking results and posted the highest quarterly revenue in our Company’s 35-year history. Net revenue of $206 million exceeded the high end of guidance, growing 120% versus last year, or 143% excluding the divested Octane business. Growth was strong across both segments with Direct crossing $100 million for the first time and Retail delivering quarterly revenue second only to last quarter’s sales. In addition, our international business experienced 340% growth excluding Octane and we generated $39.7 million of operating income in the quarter.”
Canterbury Park Holding Corporation (NasdaqGS:CPHC) has announced its financial results for the first quarter ended March 31, 2021. The company saw net revenues in the quarter decrease by 15.7 percent to $9.2 million as compared to Q1 2020, which is attributed “to continued capacity constraints that have limited operations.” The company’s President and CEO, Randy Sampson, explained:
“While both the first quarters of 2021 and 2020 had a similar number of operating days, the year-over-year decline in revenue was due primarily to the first quarter of 2021 including significant COVID-19-related restrictions for the entire period while in the first quarter of 2020, we were able to operate with no restrictions until March 16, 2020 when all Card Casino, simulcast and special events operations at Canterbury Park were suspended. Ultimately, while the capacity restrictions have had an outsized impact on certain parts of our business, we have been able to serve much of our current Card Casino, pari-mutuel and simulcast demand while maintaining a safe environment for our guests as well as our focus on the operating discipline that continues to benefit our margins.”
Tokyo Olympics Going Ahead Despite COVID-19 Surge, and Wizards’ Westbrook Breaks Oscar Robertson’s NBA Triple-Double Record
The Tokyo 2020 Olympic Summer Games are scheduled to go ahead despite surging COVID-19 cases and a poll indicating that “nearly 60% of people in Japan want the Games cancelled,” according to Reuters. Japanese Prime Minister Yoshihide Suga, addressing concerns over the games being held amid such conditions, said:
“I’ve never put [the] Olympics first. My priority has been to protect the lives and health of the Japanese population. We must first prevent the spread of the virus.”
The Games are set to open on July 23 and run until August 8.
The Washington Wizards’ Russell Westbrook broke Oscar Robertson’s NBA record of 181 triple-doubles – set in 1974 last night against the Atlanta Hawks, the Associated Press reports. Westbrook commented:
“I normally don’t like to pat myself on the back but tonight I will just because I’m so grateful for the ones before me and so blessed to the man above to allow me to go out and do it. I take this job very seriously and I’m super grateful for my teammates and coaches on my journey so far.”
Sam Mowers, Investorideas.com
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.
About Investorideas.com – News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner, Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change, Exploring Mining the AI Eye.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Copyright and ownership: Play by Play is an Investorideas.com content brand
To contribute interviews, story ideas and find out more about sponsorship opportunities:
Follow us on Social Media
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Join our Investor Club https://www.investorideas.com/membership/