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Natural Health Trends Q2 profit climbs YOY

Natural Health Trends Corp. said its normalized net income for the second quarter came to 62 cents per share, a gain of 98.4% from 31 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $7.7 million, a gain from $3.9 million in the prior-year period.

The normalized profit margin declined to 11.1% from 11.3% in the year-earlier period.

Total revenue grew year over year to $69.7 million from $34.2 million, and total operating expenses climbed year over year to $57.5 million from $28.0 million.

Reported net income increased on an annual basis to $12.2 million, or 98 cents per share, from $6.1 million, or 49 cents per share.