FitLife Brands, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 01:02 pm
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FitLife Brands, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 6.71 million compared to USD 6.92 million a year ago. Net income was USD 1.13 million compared to USD 1.65 million a year ago. Basic earnings per share from continuing operations was USD 0.255 compared to USD 0.3875 a year ago. Diluted earnings per share from continuing operations was USD 0.2325 compared to USD 0.3625 a year ago.
For the nine months, sales was USD 21 million compared to USD 15.81 million a year ago. Net income was USD 4.32 million compared to USD 2.98 million a year ago. Basic earnings per share from continuing operations was USD 0.9875 compared to USD 0.705 a year ago. Diluted earnings per share from continuing operations was USD 0.8975 compared to USD 0.6575 a year ago.
FitLife Brands, Inc. is a developer and marketer proprietary nutritional supplements and wellness products for health-conscious consumers. It markets approximately 300 different products primarily online, through domestic and international GNC franchise locations as well as through more than 17,000 additional domestic retail locations. It offers NDS Nutrition, PMD Sports, SirenLabs, Core Active, Nutrology, and Metis Nutrition (together, NDS Products); iSatori, BioGenetic Laboratories, and Energize (together, the iSatori Products); Dr. Tobias, All Natural Advice, and Maritime Naturals (together, the MRC Products) and MusclePharm. Its NDS brand includes premium weight loss, sports nutrition, and general health products. Its PMD brand includes premium sports nutrition products. Its Nutrology brand included sports nutrition and general wellness products with an emphasis on natural, vegan, and organic ingredients. Its SirenLabs brand includes weight loss and sports nutrition products.