earnings
confidence high
sentiment negative
materiality 0.80
LifeVantage Q3 revenue down 3%; cuts FY2022 guidance; initiates $0.03 dividend
Lifevantage Corp
2022-Q3 EPS reported
$0.34
revenue$155,418,000
- Q3 revenue $50.0M, down 3% YoY (less than 1% ex-FX); EPS diluted $0.09, adjusted $0.12.
- Adjusted EBITDA $3.4M, down 29.2% YoY; active accounts fell 6.5% to 157,000.
- Initiates quarterly dividend of $0.03/share payable May 31, 2022 to holders of record May 17.
- Reduces FY2022 guidance: revenue $204-207M (from $212-220M); adjusted EPS $0.52-0.56 (from $0.67-0.71).
- Cash $17.8M, no debt; repurchased 326k shares in Q3 for $1.7M.