secwatch.observer — SEC 8-K summary
======================================

Issuer:     Lifevantage Corp (LFVN)
CIK:        0000849146
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0000849146-22-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LifeVantage Q3 revenue down 3%; cuts FY2022 guidance; initiates $0.03 dividend
------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849146/000084914622000028/0000849146-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849146/000084914622000028/lfvn-20220503.htm
  HTML page:      https://secwatch.observer/filing/0000849146-22-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer