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Natural Health Trends Q1 profit climbs YOY

Natural Health Trends Corp. said its normalized net income for the first quarter came to 34 cents per share, an increase from 17 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 $4.3 million, an increase from $1.9 million in the year-earlier period.

The normalized profit margin rose to 10.5% from 8.4% in the year-earlier period.

Total revenue grew 75.8% on an annual basis to $40.7 million from $23.2 million, and total operating expenses climbed 68.6% on an annual basis to $33.8 million from $20.0 million.

Reported net income rose year over year to $6.8 million, or 54 cents per share, from $3.0 million, or 26 cents per share.