Mannatech Q2 net loss $4.3M ($2.27/diluted share); sales down 7.4% to $25.7M

MANNATECH INC

Net loss $4.3M vs $0.6M Q2 2024; diluted EPS -$2.27 vs -$0.33.
Net sales $25.7M (-7.4% YoY); constant currency -6.5%. Gross margin 73.6% vs 77.1%.
Cash and equivalents $5.5M at June 30, 2025, down 51.5% from $11.4M at Dec 31, 2024.
Independent associate/preferred customer positions ~125,000, down from 142,000; recruiting -22.7% YoY.
Management warns tariffs may affect cost structure and profitability.

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