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Nature's Sunshine Products Q3 profit climbs 44.2% YOY

Nature's Sunshine Products Inc. said its third-quarter normalized net income came to 18 cents per share, a gain of 43.1% from 12 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $3.4 million, a gain of 44.2% from $2.3 million in the prior-year period.

The normalized profit margin increased to 4.0% from 3.0% in the year-earlier period.

Total revenue increased 7.4% on an annual basis to $85.4 million from $79.6 million, and total operating expenses rose 5.6% year over year to $80.4 million from $76.1 million.

Reported net income increased on an annual basis to $4.2 million, or 22 cents per share, from $2.1 million, or 10 cents per share.