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Stock impact report

Leatt Corp Announces Results for Second Quarter 2022

LEATT CORP (LEAT) 
NASDAQ:AMEX Investor Relations: leatt-corp.com
Company Research Source: PR Newswire
Year-to-date revenues increase 55%; Year-to-date net income increases 55%; Year-to-date EPS increases to $1.20CAPE TOWN, South Africa, Aug. 11, 2022 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a leading developer and marketer of protective equipment and ancillary products for many forms of sports, especially extreme high-velocity sports, today announced financial results for the second quarter ending June 30, 2022. All financial numbers are in U.S. dollars.Second Quarter 2022 HighlightsGlobal revenues of $17.9 million, up 25%, compared to second quarter 2021Income from operations of $3.7 million, up 18%, compared to second quarter 2021Net income of $2.7 million, up 13%, compared to second quarter 2021Earnings per basic share of $0.47 up 7%, compared to second quarter 2021Solid investment in sales and distribution capacity globally to fuel growthChief Executive Officer, Sean Macdonald commented: "The 2022 second quarter was our 17th consecutive quarter of year-over-year revenue gr Show less Read more
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