Mannatech, Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 06:13 am EDT
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Mannatech, Incorporated reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 34.98 million compared to USD 42.5 million a year ago. Net income was USD 0.694 million compared to USD 2.13 million a year ago. Basic earnings per share from continuing operations was USD 0.36 compared to USD 1.03 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.99 a year ago.
For the six months, sales was USD 67.36 million compared to USD 80.82 million a year ago. Net income was USD 0.828 million compared to USD 4.32 million a year ago. Basic earnings per share from continuing operations was USD 0.43 compared to USD 2.09 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 2.03 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 
