Reliv' International, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017
May 12, 2017 at 09:01 am EDT
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Reliv' International, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net sales were $12,777,782 against net sales of $13,036,450 a year ago. Income from operations was $517,425 against loss from operations of $181,297 a year ago. Interest income was $25,526 against interest income of $27,357 a year ago. Income before income taxes was $550,793 against loss before income taxes of $66,660 a year ago. Net income was $523,793 against net loss of $43,660 a year ago. Diluted earnings per common share were $0.28 against diluted loss per common share of $0.02 a year ago. The impact of foreign currency fluctuation was 12.0% of the net sales decline in Europe in the first quarter of 2017.
Reliv' International, Inc. is a developer and marketer of a line of nutritional supplements addressing basic nutrition, specific wellness needs, weight management and sports nutrition. The Company sells its products through an international network marketing system using independent distributors. The Company operates through a network marketing segment consisting of six operating units that sell nutritional and dietary products to a sales force of independent distributors that sell the products directly to customers. Its products include Reliv Now with Soy; FibRestore; Innergize! Go; LunaRich; ReversAge; Reliv Now for Kids; Arthaffect; ProVantage; SoySentials; CardioSentials; Reliv Defense; RLV Hemp Full Spectrum 750, and others. Its geographic region includes the United States, Australia/New Zealand, Canada, Mexico, Europe and Asia. Its subsidiaries include Reliv, Inc., Reliv World Corporation, Reliv Australia Pty, Limited, Reliv Now de Mexico, S. de R.L. de C.V. and others.
RELIV' INTERNATIONAL, INC. 
