Monthly Archives: May 2018

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Mannatech Q1 Revenue Up 2% To $41.4 Million

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Mannatech, Incorporated(NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its first quarter of 2018.
First Quarter Results
First quarter net sales for 2018 were $41.4 million, an increase of $0.8 million, or 2.0%, as compared to $40.6 million in the first quarter of 2017.
For the three-month period ended March 31, 2018, our net sales declined 2.5% on a constant dollar basis (see Non-GAAP Financial Measures, below) as compared to the same period in 2017, while favorable foreign exchange caused a $1.0 million increase in GAAP net sales as compared to the same period in 2017.
Loss from operations was $0.9 million for the first quarter 2018, as compared to a loss of $2.0 million in the same period in 2017. Net loss was $0.3 million, or $0.10 per diluted share, for the first quarter 2018, as compared to a net loss of $1.2 million, or $0.46 per diluted share, for the first quarter 2017. Loss from operations included approximately $1.1 million in non-recurring costs related to the corporate office move.
For the three months ended March 31, 2018, Mannatech’s operations outside of the Americas accounted for approximately 66.9% of Mannatech’s consolidated net

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LifeVantage Q3 Revenue Up 12.3% To $50.6 Million

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LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its third quarter ended March 31, 2018.
Third Quarter Fiscal 2018 Summary:

Revenue increased 12.3% to $50.6 million year over year and 2.2% sequentially;
Revenue in the Americas increased 10.6% and revenue in Asia/Pacific & Europe increased 18.0% including a 10.1% increase in Japan, both on a year over year basis. On a sequential basis, all geographical regions generated growth, with the exception of Japan, which followed its typical seasonal pattern from the second to third quarter;
Active independent distributors stayed consistent and active preferred customers decreased 0.9% year over year and increased on a sequential basis 1.6% and 1.9%, respectively;
Adjusted EBITDA increased 109.8% year over year to $3.4 million;
Earnings per diluted share were $0.12, up from $0.00 in the prior year period; and
Adjusted earnings per diluted share were $0.12, up from $0.03 in the prior year period.

”We are pleased to report stronger third quarter sales growth on both a sequential and year over year basis,”
stated LifeVantage President and Chief Executive Officer Darren Jensen.
“We are beginning to see the benefits of our 2018 key initiatives, which are driving sales growth and improvements in our key metrics. March was the highest recruitment month in three years and

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Jeunesse Global Reaches $5 Billion In Cumulative Worldwide Sales In 8th Year

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After a record-breaking month with sales of more than $150 million in March, Jeunesse reached the impressive milestone of $5 billion in cumulative worldwide sales in its eighth year of business.
Since its inception in 2009, Jeunesse has posted impressive growth, becoming the youngest company in direct selling history to reach billion-dollar annual sales in 2015. By the following year, Jeunesse had reached $3 billion in cumulative sales, and has added $2 billion to that number in less than 18 months.
The company’s extraordinary growth has been widely recognized. Jeunesse has received more than 30 growth-related awards since 2014, including five Stevie® awards for Fastest Growing Company of the Year, ranking for the past four years on the Inc. 500|5,000 list of the fastest growing private companies in America, ranking on the “Direct Selling News”  Global 100 list since 2012, and receiving the DSN Bravo Growth Award in 2017 for growing annual sales by $2 billion through two years (2014 to 2016).
Jeunesse Founders Randy Ray, CEO, and Wendy Lewis, COO, and Chief Visionary Officer Scott Lewis credit the company’s growth to the vast global family of Jeunesse Distributors and employees whose hard work and dedication continues to support the company’s mission and

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