Natural Health Trends Q1 revenue $11.9M (+3% YoY); first revenue increase since Q3 2021

NATURAL HEALTH TRENDS CORP

2023-Q1 EPS reported $0.02 revenue$11,861,000

Net income $257K ($0.02 diluted EPS) vs loss $105K ($0.01 loss) in Q1 2022; operating loss $394K.
Active Members 38,330, down 14% YoY; Hong Kong net sales up 10% YoY.
Declared quarterly cash dividend of $0.20/share, payable May 26 to holders of record May 16.
Cash and equivalents $66.6M at March 31, down from $69.7M at Dec 31, 2022.
Management cites gradual Hong Kong reopening; hopes improved gathering/travel will aid business.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NATURAL HEALTH TRENDS CORP reported quarter ended March 31, 2023 results: revenue Revenue of $11.9 million increased 3% compared to $11.5 million in the first quarter of 2022, net income Net income was $257,000, or $0.02 per diluted share, compared to net loss of $105,000, EPS $0.02 per diluted share.

Period: quarter ended March 31, 2023
Revenue: Revenue of $11.9 million increased 3% compared to $11.5 million in the first quarter of 2022
Net income: Net income was $257,000, or $0.02 per diluted share, compared to net loss of $105,000
EPS: $0.02 per diluted share
Result: reported results

Exact text from the filing

Natural Health Trends Reports First Quarter 2023 Financial Results

View on SEC.gov

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NATURAL HEALTH TRENDS CORP filing history →

Source: SEC EDGAR

accession 0001437749-23-012205

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