Mannatech, Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 06:06 am EDT
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Mannatech, Incorporated announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was USD 36.605 million compared to USD 37.973 million a year ago. Operating income was USD 2.011 million compared to USD 1.120 million a year ago. Net income was USD 2.787 million compared to USD 688,000 a year ago. Basic earnings per share was USD 1.17 compared to USD 0.29 a year ago. Diluted earnings per share was USD 1.15 compared to USD 0.28 a year ago.
Mannatech, Incorporated is a global wellness solution provider. The Company develops and sells nutritional supplements, skin care and anti-aging products, and weight-management products that target optimal health and wellness. The Company's product category includes Integrative Health, Targeted Health, Weight and Fitness, Skin Care, Essentials, and Home Living. Integrative Health includes Ambrotose Complex, Ambrotose AO, Advanced Ambrotose, Ambrotose Life, Catalyst, Cognitate, Manapol Powder, MannaBears, and others. Targeted Health includes BounceBack, CardioBALANCE, GI-ProBalance Slimstick, GI-Zyme, GI-Defense, Blood Sugar ProBalance, ImmunoSTART, and others. Weight and Fitness includes OsoLean, SPORT, TruHealth Fat Loss System and others. Skin Care includes Emprizone, FIRM with Ambrotose, FreshDen, and others. Essentials include Catalyst Multivitamin, Liver Support, Joint Support SUPERFOOD, Sleep Support gummies and Stress Support gummies. Home Living includes Organt and PURO.