CVSL Inc. today announced financial results for its third quarter of 2015. Revenue for the quarter was approximately $37.0 million, up from approximately $24.0 million in the third quarter last year, an increase of 54.0%. Gross profit margin increased from 54.4% to 59.8%.
“The third quarter was another successful quarter for CVSL,” said Vice Chairman John Rochon Jr. “With revenues up again, combined with positive trends for both earnings per share and the measures of EBITDA presented in our Form 10-Q, we can see that our strategy of improving and strengthening the companies in our portfolio of brands is continuing to work. Our core business is showing good improvement as our turnaround efforts are having a positive effect. We believe that we are now in the position of using CVSL’s earnings primarily to