---
schema_version: "secwatch.filing_event.v1"
accession: "0001056358-23-000040"
form_type: "8-K"
ticker: "MTEX"
cik: "0001056358"
company_name: "MANNATECH INC"
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:07:32.802347+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001056358-23-000040
- form_type: 8-K
- ticker: MTEX
- cik: 0001056358
- company_name: MANNATECH INC
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056358/000105635823000040/0001056358-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056358/000105635823000040/mtex-20230512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056358-23-000040
- JSON: https://secwatch.observer/filing/0001056358-23-000040.json
- Plain text: https://secwatch.observer/filing/0001056358-23-000040.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056358/000105635823000040/0001056358-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.