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Stock impact report

Leatt Corp Announces Results for Third Quarter 2022

LEATT CORP (LEAT) 
NASDAQ:AMEX Investor Relations: leatt-corp.com
Company Research Source: PR Newswire
Year-to-date revenues increase 33%; Year-to-date net income increases 26%; Year-to-date EPS increases to $1.90CAPE TOWN, South Africa, Nov. 9, 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 third quarter ending September 30, 2022. All financial numbers are in U.S. dollars.Third Quarter 2022 HighlightsThird quarter global revenues of $23.3 million, up 5%, compared to third quarter 2021Year-to-date revenues of $65.4 million, up 33%, compared to same period of 2021Year-to-date net income of 11.0 million, up 26%, compared to same period of 2021Year-to-date EPS increased to $1.90Chief Executive Officer Sean Macdonald commented: "The 2022 third quarter was our 18th consecutive quarter of year-over-year revenue growth. Total global third quarter 2022 revenues were $23.3 million, an increase of 5% ov Show less Read more
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