FitLife Brands, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported revenue was $4,025,580 against $5,340,616 a year ago. Operating loss was $483,141 against $358,451 a year ago. Net loss was $511,384 against $360,718 a year ago. Diluted loss per share was $0.05 against $0.03 a year ago. The decline in revenue was primarily attributable to a challenging retail environment in concert with the continued inventory reduction initiatives of its single large customer.

For the nine months, the company reported revenue was $14,637,273 against $21,615,605 a year ago. Operating loss was $1,306,768 against operating income of $1,777,571 a year ago. Net loss was $1,395,833 against net income of $1,532,472 a year ago. Diluted loss per share was $0.13 against diluted of $0.13 a year ago. Net cash provided by operating activities was $247,818 against $357,665 a year ago. Purchase of property and equipment was $20,305 against $21,619 a year ago.

The company looks forward to the remainder of 2017 and an expected return to profitability and growth in 2018.