Mannatech, Incorporated Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
March 28, 2024 at 10:17 am
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Mannatech, Incorporated reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 32.69 million compared to USD 34.34 million a year ago. Net loss was USD 1.76 million compared to USD 6.51 million a year ago.
Basic loss per share from continuing operations was USD 0.94 compared to USD 3.5 a year ago. Diluted loss per share from continuing operations was USD 0.94 compared to USD 3.5 a year ago.
Mannatech, Incorporated is a global wellness solution provider. The Company develops and sells nutritional supplements, skin care and anti-aging products, and weight-management products that target optimal health and wellness. The Company's product category includes Integrative Health, Targeted Health, Weight and Fitness, Skin Care, Essentials, and Home Living. Integrative Health includes Ambrotose Complex, Ambrotose AO, Advanced Ambrotose, Ambrotose Life, Catalyst, Cognitate, Manapol Powder, MannaBears, and others. Targeted Health includes BounceBack, CardioBALANCE, GI-ProBalance Slimstick, GI-Zyme, GI-Defense, Blood Sugar ProBalance, ImmunoSTART, and others. Weight and Fitness includes OsoLean, SPORT, TruHealth Fat Loss System and others. Skin Care includes Emprizone, FIRM with Ambrotose, FreshDen, and others. Essentials include Catalyst Multivitamin, Liver Support, Joint Support SUPERFOOD, Sleep Support gummies and Stress Support gummies. Home Living includes Organt and PURO.