Natural Health Trends posts Q2 net income $173K vs loss; declares $0.20 dividend; elects director

NATURAL HEALTH TRENDS CORP

2024-Q2 EPS reported $0.03 revenue$21,426,000

Revenue $10.5M flat YoY; operating loss improved to $238K from $743K.
Net income $173K ($0.02 diluted) vs net loss $219K ($0.02 loss) in Q2 2023.
Active members down 15% YoY to 31,110; cash and securities $48.7M.
Declared quarterly dividend of $0.20/share, payable Aug 23 to holders of record Aug 13.
Elected Lucy Nduati to board effective July 29, expanding board to five.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Lucy Nduati

director

NHTC · NATURAL HEALTH TRENDS CORP

Effective: 2024-07-29
Filed: July 31, 2024, 7:59 PM ET

On July 29, 2024, the Board of Directors of the Company, upon the recommendation of the Company's Nominating and Corporate Governance Committee, expanded the size of the Board of Directors to five (5) members and elected Lucy Nduati as a director to fill the newly created directorship.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lucy Nduati was elected as director at NATURAL HEALTH TRENDS CORP.

Action: elected
Role: director

Exact text from the filing

On July 29, 2024, the Board of Directors of the Company, upon the recommendation of the Company's Nominating and Corporate Governance Committee, expanded the size of the Board of Directors to five (5) members and elected Lucy Nduati as a director to fill the newly created directorship.

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NATURAL HEALTH TRENDS CORP filing history →

Source: SEC EDGAR

accession 0001437749-24-023999

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