Synergy CHC Corp. Reports Earnings Results for the Quarter Ended March 31, 2018
Synergy CHC Corp. reported earnings results for the quarter ended March 31, 2018. The company reported net sales for the first quarter were $9.7 million, compared to $10.8 million for the same quarter in 2017, a 10% decrease. For the first quarter, net income was negative $0.1 million compared to net income of $2.6 million or $0.03 basic and diluted earnings per share for 2017. Adjusted EBITDA for the quarter was $1.3 million.