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Lifevantage fiscal Q2 profit climbs 17.5% YOY


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Lifevantage fiscal Q2 profit climbs 17.5% YOY

Lifevantage Corp. said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, came to 11 cents per share, an increase of 20.6% from 9 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 $1.5 million, a gain of 17.5% from $1.3 million in the prior-year period.

The normalized profit margin climbed to 2.9% from 2.7% in the year-earlier period.

Total revenue grew 7.8% on an annual basis to $52.0 million from $48.2 million, and total operating expenses rose 8.4% from the prior-year period to $49.0 million from $45.2 million.

Reported net income increased 7.2% year over year to $1.5 million, or 11 cents per share, from $1.4 million, or 10 cents per share.