Mannatech, Incorporated Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 10:05 pm EDT
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Mannatech, Incorporated announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 37.647 million compared to USD 40.711 million a year ago. Operating income was USD 1.110 million compared to USD 2.019 million a year ago. Net income was USD 1.130 million compared to USD 1.987 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to USD 0.81 a year ago. For the half year, sales was USD 74.252 million compared to USD 78.684 million a year ago. Operating income was USD 3.122 million compared to USD 3.139 million a year ago. Net income was USD 3.918 million compared to USD 2.675 million a year ago. Basic earnings per share from continuing operations was USD 1.65 compared to USD 1.12 a year ago. Diluted earnings per share from continuing operations was USD 1.62 compared to USD 1.09 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.
MANNATECH, INCORPORATED 
