Monthly Archives: February 2016

Hot Business News Today

Want To Know If Workshifting Is Right For You? Ask Yourself These Four Questions

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By Anum Yoon Once upon a time telecommuting or work outside of a traditional office setting was practically synonymous with “working from home.” However, this is no longer the case. There are those who work from coffee shops, park benches, and even hotels. Some might be getting work done on airplanes. Workshifting is increasingly popular […]

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Hot Business News Today

LifeVantage Reports 2016 Q2 Results – Revenue Up 14.6% To $52 Million

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LifeVantage Corporation (NASDAQ:LFVN) today reported financial results for its second quarter ended December 31, 2015.
Second Quarter Fiscal 2016 Highlights:

Revenue increased 14.6% to $52 million on a sequential basis and increased 7.8% compared to second fiscal quarter of 2015;
Revenue in the Americas increased 15.3% and revenue in Asia/Pacific increased 12.4% on a sequential basis, including a 7.3% sequential revenue increase in Japan;
Adjusted EBITDA increased 7.3% to $4.5 million, compared to $4.2 million in the second  fiscal quarter of 2015;
Net income was $1.6 million which includes approximately $0.5 million of pretax one-time charges
Executed on strategic growth plan including investments in new product launches and enhanced distributor technology platforms.

“We are pleased to report revenue growth on both a sequential and year-over-year basis, which underscores the early success of our growth plan and gives us confidence

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