Youngevity International Delivers Record Revenue for Q3 2016
Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), a global direct marketer of a diversified portfolio of wholesome products and consumer services operating multiple subsidiaries around the world including a “field to cup” vertically-integrated coffee operation today reported financial results for the third quarter and nine months ended September 30, 2016.
Third Quarter 2016 Highlights:
Revenues increased 5.4% over the prior year period to $43.5 million;
Gross Profit increased 5.3% to $26.4 million compared to the prior year period;
Coffee Segment records significant improvement in gross profit and operating margins.
“We are excited to report record revenue for the third quarter 2016. We continue to see improved sales and customer growth in the United States and our international markets,” stated Steve Wallach, Chief Executive Officer of Youngevity International. He continued, “I was proud to