Mannatech, Incorporated Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 06:13 am EDT
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Mannatech, Incorporated announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 42.504 million compared to USD 37.647 million a year ago. Operating income was USD 2.018 million compared to USD 1.110 million a year ago. Net income was USD 2.129 million compared to USD 1.130 million a year ago. Basic earnings per share from continuing operations was USD 1.03 compared to USD 0.48 a year ago. Diluted earnings per share from continuing operations was USD 0.99 compared to USD 0.47 a year ago. For the half year, sales was USD 80.823 million compared to USD 74.252 million a year ago. Operating income was USD 4.807 million compared to USD 3.122 million a year ago. Net income was USD 4.323 million compared to USD 3.918 million a year ago. Basic earnings per share from continuing operations was USD 2.09 compared to USD 1.65 a year ago. Diluted earnings per share from continuing operations was USD 2.03 compared to USD 1.62 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.