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.
