---
schema_version: "secwatch.filing_event.v1"
accession: "0001056358-23-000065"
form_type: "8-K"
ticker: "MTEX"
cik: "0001056358"
company_name: "MANNATECH INC"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T13:11:03.002041+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mannatech Q3 net sales down 8.3% to $32.6M; net income drops to $18K from $1.2M

## Summary
- Net sales $32.6M, down 8.3% YoY; operating income $0.2M vs $1.4M prior year.
- Diluted EPS $0.01 vs $0.61; net income $18K vs $1.2M.
- Year-to-date net sales $99.3M (-3.5%); net loss $0.5M ($0.26 loss per share) vs net income $2.0M.
- New associate and preferred customer recruitment rose 20.9% to 23,296; total network positions fell to 146K from 152K.
- Suspended quarterly dividends to preserve cash; no dividend paid for Q2 or current quarter.

## SEC filing metadata
- accession: 0001056358-23-000065
- form_type: 8-K
- ticker: MTEX
- cik: 0001056358
- company_name: MANNATECH INC
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056358/000105635823000065/0001056358-23-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056358/000105635823000065/mtex-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056358-23-000065
- JSON: https://secwatch.observer/filing/0001056358-23-000065.json
- Plain text: https://secwatch.observer/filing/0001056358-23-000065.txt

## Key facts
- Earnings Releases
  MANNATECH INC reported third quarter of 2023 results: revenue $32.6 million, net income $18, 000 or $0.01 per diluted share, EPS $0.01 per diluted share.
  - Period: third quarter of 2023
  - Revenue: $32.6 million
  - Net income: $18, 000 or $0.01 per diluted share
  - EPS: $0.01 per diluted share
  - Result: reported results
  source text: Third quarter net sales for 2023 were $32.6 million, a decrease of $2.9 million, or 8.3%, as compared to $35.5 million in the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056358/000105635823000065/0001056358-23-000065-index.htm

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