secwatch.observer — SEC 8-K summary
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Issuer:     MANNATECH INC (MTEX)
CIK:        0001056358
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001056358-24-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056358/000105635824000044/0001056358-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056358/000105635824000044/mtex-20240514.htm
  HTML page:      https://secwatch.observer/filing/0001056358-24-000044

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