Mannatech Reports Fourth Quarter 2019 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 fourth quarter of 2019.Quarter End ResultsFourth quarter net sales for 2019 were $39.4 million, a decrease of $4.6 million, or 10.5%, as compared to $44.0 million in the fourth quarter of 2018. Income from operations increased to $2.7 million for the fourth quarter 2019, from a loss of $0.5 million in the same period in 2018. Net income was $2.1 million, or $0.87 per diluted share, for the fourth quarter 2019, as compared to a net loss of $1.6 million, or ($0.66) per diluted share, for the fourth quarter 2018.Gross profit as a percentage of sales decreased to 78.9% for the three months ended December 31, 2019, as compared to 79.5% for the same period in 2018.Commissions as a percentage of net sales were 39.9% for the three months ended December 31, 2019, as compared to 40
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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
- Mannatech, Incorporated (NASDAQ: MTEX) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
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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
- 4/23/24 - Form DEF
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form ARS
- MTEX's page on the SEC website