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Youngevity International swings to loss in Q3

Youngevity International Inc. said its normalized net income for the third quarter came to a loss of $197,500, compared with income of $715,630 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to negative 0.5% from 1.7% in the year-earlier period.

Total revenue climbed 5.4% year over year to $43.6 million from $41.3 million, and total operating expenses grew 7.9% on an annual basis to $43.3 million from $40.1 million.

Reported net income declined 84.5% on an annual basis to $64,000, or 0 cents per share, from $413,000, or 2 cents per share.