Mannatech Reports First Quarter 2020 Financial Results
Mannatech, Incorporated (MTEX)
US:NASDAQ Investor Relations:
ir.mannatech.com/investor-overview
Company Research
Source: Business Wire
FLOWER MOUND, Texas--(BUSINESS WIRE)--Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its first quarter of 2020.Quarter End ResultsFirst quarter net sales for 2020 were $36.6 million, a decrease of $1.4 million, or 3.6%, as compared to $38.0 million in the first quarter of 2019. Income from operations increased to $2.0 million for the first quarter 2020, from $1.1 million in the same period in 2019.Net income was $2.8 million, or $1.15 per diluted share, for the first quarter 2020, as compared to a net income of $0.7 million, or $0.28 per diluted share, for the first quarter 2019.Gross profit as a percentage of sales improved to 80.9% for the three months ended March 31, 2020, as compared to 80.4% for the same period in 2019.Commission and incentives as a percentage of net sales was 40.7% for the three months ended March 31, 2020, as compared to 40.0% for the
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- Mannatech, Incorporated (NASDAQ: MTEX) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
MTEX
Sec Filings
- 3/28/24 - Form 10-K
- 3/28/24 - Form 8-K
- 3/14/24 - Form 8-K
- MTEX's page on the SEC website