---
schema_version: "secwatch.filing_event.v1"
accession: "0001056358-24-000044"
form_type: "8-K"
ticker: "MTEX"
cik: "0001056358"
company_name: "MANNATECH INC"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:12:21.534443+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mannatech Q1 net sales down 13.8% to $29.4M; EPS rises to $0.63 from $0.32

## Summary
- Net sales $29.4M, down 13.8% YoY; constant-currency decline 11.3%; FX unfavorable $0.8M.
- Net income $1.2M ($0.63 diluted EPS) vs $0.6M ($0.32) in prior year.
- Operating income $0.8M vs $0.7M; cost controls offset revenue decline.
- Asia/Pacific region drove revenue decline; recruiting of associates down 13.6%.
- Cash increased 2.3% to $7.9M; operating cash flow $1.87M vs $1.35M.

## SEC filing metadata
- accession: 0001056358-24-000044
- form_type: 8-K
- ticker: MTEX
- cik: 0001056358
- company_name: MANNATECH INC
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056358/000105635824000044/0001056358-24-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056358/000105635824000044/mtex-20240514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056358-24-000044
- JSON: https://secwatch.observer/filing/0001056358-24-000044.json
- Plain text: https://secwatch.observer/filing/0001056358-24-000044.txt

## Key facts
- Earnings Releases
  MANNATECH INC reported first quarter of 2024 results: revenue $29.4 million, net income $1.2 million, EPS $0.63 per diluted share.
  - Period: first quarter of 2024
  - Revenue: $29.4 million
  - Net income: $1.2 million
  - EPS: $0.63 per diluted share
  - Result: reported results
  source text: lives to make a better world, today announced financial results for its first quarter of 2024. First Quarter Highlights • Net sales for the quarter ended March 31, 2024 were $29.4 million, as compared to $34.1 million for the same period in 2023, a decrease of $4.7 million, or 13.8%. On a Constant dollar basis (see Non-GAAP Measures, below) our net sales decreased
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056358/000105635824000044/0001056358-24-000044-index.htm

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