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Youngevity International Q2 loss narrows YOY

Youngevity International Inc. said its normalized net income for the second quarter amounted to a loss of $30,630, compared with a loss of $635,630 in the prior-year period.

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

The normalized profit margin climbed to negative 0.8% from negative 1.6% in the year-earlier period.

Total revenue rose 9.7% year over year to $42.5 million from $38.7 million, and total operating expenses increased 12.4% on an annual basis to $41.0 million from $36.5 million.

Reported net income totaled a loss of $112,000, or a loss of 1 cents per share, compared to a loss of $411,000, or a loss of 2 cents per share, in the prior-year period.