trending Market Intelligence /marketintelligence/en/news-insights/trending/AFqyaylZU1Nz2PTQAG84cg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Mannatech swings to profit in Q2

Machine Learning and Credit Risk Modelling

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection

Mannatech swings to profit in Q2

Mannatech Inc. said its second-quarter normalized net income came to 68 cents per share, compared with a loss of 26 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.9 million, compared with a loss of $703,750 in the year-earlier period.

The normalized profit margin rose to 4.0% from negative 1.4% in the year-earlier period.

Total revenue declined year over year to $47.7 million from $48.8 million, and total operating expenses declined 8.7% year over year to $44.7 million from $48.9 million.

Reported net income totaled $1.8 million, or 65 cents per share, compared to a loss of $1.3 million, or a loss of 49 cents per share, in the prior-year period.