Natural Health Trends Corp., a leading direct selling company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, announced financial results for the quarter and nine month periods ended September 30, 2014.
Third Quarter Financial Highlights
Total revenues were $31.8 million, up 125% compared to $14.2 million in the third quarter last year.
Operating income was $5.5 million, up 312% compared to $1.3 million in the third quarter last year.
Net income was $5.4 million, or $0.42 per diluted share, compared to $1.3 million, or $0.12 per diluted share, in the third quarter last year.
Year-to-Date Financial Highlights
Year-to-date revenues were $89.2 million, up 167% compared to $33.4 million in the first nine months last year.
Operating income was $14.8 million, up 475% compared to $2.6 million in the first nine months last year.
Net income was $14.6 million, or $1.16 per diluted share, compared to $2.5 million, or $0.22 per diluted share, in the first nine months last year.
“We continued our strong momentum into the third quarter, with our highest level of orders in any quarter this year,” commented Chris Sharng, President of Natural Health Trends Corp. “We are effectively leveraging our business model, with a 308% increase in