Twinlab Consolidated Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 31, 2022 at 03:17 pm EDT
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Twinlab Consolidated Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 15.52 million compared to USD 18.27 million a year ago. Net loss was USD 2.93 million compared to USD 1.19 million a year ago.
For the nine months, sales was USD 43.25 million compared to USD 55.84 million a year ago. Net loss was USD 4.87 million compared to net income of USD 0.277 million a year ago.
Twinlab Consolidated Holdings, Inc. is a marketer, distributor and direct-to-consumer retailer of branded nutritional supplements and other natural products sold to and through domestic health and natural food stores, mass market retailers, specialty store retailers, on-line retailers, and websites. Internationally, the Company markets and distributes branded nutritional supplements and other natural products to and through health and natural product distributors and retailers. Through NutraScience Labs, it also provides services between private label distributors and contract manufacturers. Its services business involved the facilitation of manufacture of custom products. Its products include vitamins, minerals, resveratrol, collagen, keratin, skincare and sports nutrition products primarily under the Twinlab, Reserveage and ResVitale brands. It also markets and sells diet and energy products under the Metabolife brand and a full line of herbal teas under the Alvita brand.
TWINLAB CONSOLIDATED HOLDINGS, INC. 
