Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company and – a Triple AAA+ classified opportunity by Business For Home – committed to transforming lives to make a better world, today announced financial results for its second quarter 2016.
Second quarter net sales for 2016 were $48.8 million, an increase of $2.1 million or 4.5% as compared to $46.7 million in the second quarter of 2015. Our net sales increased 7.5% on a constant dollar basis (see Non-GAAP Financial Measure disclosures below). Loss from operations was $(0.1) million for the second quarter 2016, as compared to $4.6 million income in the same period in 2015. Net loss was $(1.3) million, or $(0.49) per diluted share, for the second quarter of 2016, as compared to $3.1 million net income, or $1.15 per diluted