Mannatech Q1 2023 net sales $34.1M (+5.3% YoY); diluted EPS $0.32

MANNATECH INC

2023-Q3 EPS reported $0.32 revenue$34,114,000

Net sales $34.1M, up 5.3% vs $32.4M in Q1 2022.
Operating income $0.7M, improvement from <$0.1M prior year.
Net income $0.6M ($0.32 diluted EPS) vs $0.1M ($0.06 EPS) prior year.
Foreign exchange reduced GAAP net sales by $1.6M; constant dollar growth 10.2%.
Associate positions ~143,000 vs 157,000 year ago; new recruitment flat at ~18,500.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MANNATECH INC reported first quarter ended March 31, 2023 results: revenue $34.1 million, net income $0.6 million, EPS $0.32 per diluted share.

Period: first quarter ended March 31, 2023
Revenue: $34.1 million
Net income: $0.6 million
EPS: $0.32 per diluted share
Result: reported results

Exact text from the filing

to transforming lives to make a better world, today announced financial results for its first quarter of 2023. First Quarter End Results First quarter net sales for 2023 were $34.1 million, an increase of $1.7 million, or 5.3%, as compared to $32.4 million in the first quarter of 2022. First quarter net sales for 2023 include the results of an annual promotion in

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Source: SEC EDGAR

accession 0001056358-23-000040

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