LifeVantage Q2 revenue $52.2M, down 11.6% YoY; cuts FY2022 guidance

Lifevantage Corp

2022-Q2 EPS reported $0.25 revenue$105,414,000

Revenue $52.2M, down 11.6% YoY; EPS $0.01 diluted; adjusted EPS $0.05.
Active accounts fell 6.3% to 163,000; Americas down 11%, APAC up 6.4%.
FY2022 revenue guidance reduced to $212-220M (prev $225-235M); adj. EBITDA $18-20M (prev $22-24M).
Repurchased ~0.5M shares for $3.2M in Q2; balance sheet strong with $20.2M cash, no debt.
Appointed new CMO and CDO to senior leadership team.

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