secwatch.observer — SEC 8-K summary
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Issuer:     MANNATECH INC (MTEX)
CIK:        0001056358
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001056358-24-000083
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mannatech Q3 net loss $0.3M; revenue falls 2.5% to $31.7M
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- Net loss of $0.3M ($0.17/diluted share) vs net income $18K a year ago.
- Revenue $31.7M, down 2.5% YoY; Asia/Pacific demand weakness cited.
- Gross margin fell to 74.5% from 79.6% due to freight costs and promotions.
- Operating income improved to $0.9M from $0.2M on lower SG&A expenses.
- Cash and equivalents rose 57.2% to $12.2M; recruiting down 28.1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056358/000105635824000083/0001056358-24-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056358/000105635824000083/mtex-20241112.htm
  HTML page:      https://secwatch.observer/filing/0001056358-24-000083

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